$709,000
TBD 118th Street SE Blooming Prairie, MN 55917
For Sale MLS# 6813621
71 Acres Lot/Land
Details for TBD 118th Street SE
MLS# 6813621
Description for TBD 118th Street SE, Blooming Prairie, MN, 55917
This exceptional 71 +/- acre property in southeastern Minnesota offers an outstanding combination of productive farmland, steady income, and prime location. Of the total acreage, approximately 69.5 +/- acres are tillable, featuring a CPI of 60. The land is well-suited for row crop production and includes drainage ditches that provide an efficient outlet for water management, helping to maintain consistent yields year after year.Situated just south of Owatonna and west of Blooming Prairie, this farm enjoys easy access on two sides from well-maintained blacktop roads, ensuring convenient entry for equipment and excellent visibility. The cropland will be open to farm or lease in 2026, offering flexibility for both owner-operators and investors alike.A valuable highlight of this property is the windmill lease, which generates $7,900 in annual payments with a built-in 2.5% annual escalator, ensuring growing returns over time. Combined with the current cropland lease, the property produces over $25,100 in total annual income, making it a truly high-performing, cash-flowing investment.With its mix of productive farmland, strong income streams, and accessible location, this tract presents an excellent opportunity for the savvy investor or expanding operator. Don’t miss the chance to own a premier piece of southeastern Minnesota farmland with long-term earning potential and exceptional return on investment.
Listing Information
Property Type: Lot/Land
Status: Active
Lot Size: 71 Acres
Year Built: 1890
County: Steele
Days On Market: 58
School Information
District: 756 - Blooming Prairie
Utilities
Other Utilities: None Available,None Connected
Exterior / Lot Features
Lot Dimensions: 1328 ft x 2653 ft x 565 ft x 575 ft x 805 ft x 2101 ft
Zoning: Agriculture,Business/Commercial
Topography: Gently Rolling
Additional Exterior/Lot Features: Raw Land, Land Inclusions - None
Driving Directions
From Blooming Prairie head North on US-218 for about 4.2 miles then turn left onto 118th St SE and continue for 2.2 miles and the destination will be on your left hand side.
Financial Considerations
Tax/Property ID: 010081100
Tax Amount: 4552
Tax Year: 2024
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: LandProz Real Estate, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for TBD 118th Street SE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby TBD 118th Street SE
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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