TBD 34th Avenue, Owatonna, MN 55060

Owatonna
Local realty services provided by:ERA Gillespie Real Estate
TBD 34th Avenue,Owatonna, MN 55060
$576,000
  • 61.92 Acres
  • Lots / Land
  • Pending
Listed by: jen busch
Office: midwest home and farm realty
MLS#:7062229
Source:NSMLS

Price summary

  • Price:$576,000

About this home

Steele County MN farmland for sale – This highly productive 61.92 deeded-acre row crop property in Somerset Township (T106N, R20W) offers investors and farm operators an outstanding opportunity in one of southern Minnesota’s top agricultural counties. With a weighted average Corn Productivity Index (CPI) of 84.0, excellent soil mix, existing drainage improvements, and current cash rent of $250 per acre, this land delivers strong cash flow and long-term appreciation potential. Property Highlights - Total Acres: 61.92 deeded acres - Listing Price: $9,300 per acre ? Total $576,000 - Current Cash Rent: 58 acres rented at $250/acre (open contract for 2027 – buyer can assume, renegotiate, or farm themselves) - 2025 Property Taxes: $4,098 - Soil Productivity: Weighted CPI 84.0 – exceptional for Steele County row crop ground - Topography: Gently rolling to nearly level terrain (elevations 1,260–1,306 ft, mean 1,279 ft) with good field access road already installed on the northeast...

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Home facts

  • Listing ID #:7062229
  • Added:66 day(s) ago
  • Updated:July 06, 2026 at 08:15 AM

Structure and exterior

  • Lot area:61.92 Acres
  • Lot Features:Level

Finances and disclosures

  • Price:$576,000
  • Tax amount:$2,854 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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