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Jenn Smart

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Tbd Se 54th Avenue , Blooming Prairie, MN 55917
$799,000
Est. Payment: $4,092.02/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 218
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27846 - 506007673
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

This impressive 80 +/- acre property in southeastern Minnesota offers a rare opportunity to own productive farmland with outstanding income potential. Of the total acreage, approximately 75 +/- acres are tillable, boasting a CPI of 67.8. The land is primarily cropland, featuring well-designed drainage ditches that provide an effective outlet for water management, supporting consistent productivity and reliable yields. Perfectly located just south of Owatonna and west of Blooming Prairie, this tract combines agricultural strength with exceptional accessibility. The property has excellent road frontage along a well-maintained blacktop road, ensuring convenient field access for equipment and ease of operation. Adding to its investment appeal, the property includes a windmill lease that generates $7,900 in annual payments, with a 2.5% annual escalator that guarantees steady income growth year after year. In addition, the cropland is currently leased, contributing to a combined annual income of approximately $26,850, offering an exceptional cash-flowing investment. The cropland will be open to farm or lease in 2026, giving future owners flexibility to operate or renegotiate terms to maximize returns. This property represents an outstanding opportunity for both farmers and investors seeking stable returns, long-term appreciation, and a well-located piece of Minnesota farmland. With strong soils, reliable drainage, and substantial wind lease income, this is a premium agricultural investment that delivers both productivity and profitability. Don’t miss your chance to own a top-quality tract with proven income and lasting value.
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Highlights

Listed by Brian Haugen , 507-701-9585 LandProz Real Estate, LLC , 507-208-0791. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Vacant Land
Lot/Acreage
80

County

Steele

 School District

Blooming Prairie

Listing ID

6813670

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot Dimensions:2665 ft x 1321 ft x 2665 ft x 1321 ft
Zoning:Agriculture
Principal Interest
$4,092
Taxes
$342

Home Price

$799,000

Loan Details

30 yrs
6.623%

Down Payment

20%
$159,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,092.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,092.02 $342.17 $0.00 $4,434.19
Yearly $49,104.27 $4,106.00 $0.00 $53,210.27
Total $1,473,128.07 $123,180.00 $0.00 $1,596,308.07
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So-Crates Johnson
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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-10T09:03:07.000Z

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