27+ Acres Of Quality Farmland Currently Less Than One Year Remaining In CRP
New FOR SALE
County
Steele CountyAcreage
27.27 ±$260,000
New
County
Steele CountyAcreage
27.27 ±Reduced
$260,000Address
TBD 44th Avenue SE
Blooming Prairie, MN 55917
View on Google Maps
Description
Opportunity awaits with this 27.27+/- acre tract in Steele County, Minnesota. Conveniently located between Owatonna and Blooming Prairie, this property is currently enrolled in the Conservation Reserve Program (CRP) until September 30, 2026. The existing CRP contract provides an annual payment of $8,969, offering great income. With an impressive CPI rating of 85.6, this land has strong agricultural potential. You could re-enroll the land or put the land back into production after the contract is complete if desired.
For farmers, this is a chance to expand their operation with quality soils ready to return to production in the near future. For investors, it’s a rare opportunity to acquire a smaller-sized parcel that generates dependable income. The property also qualifies as an excellent candidate for a 1031 exchange, making it a versatile investment choice.
Beyond the financial and agricultural appeal, the property also offers recreational enjoyment. The current habitat makes for productive pheasant hunting, and the owners note they’ve enjoyed seeing wildlife throughout the seasons. Pieces like this—manageable in size, income-producing, and well-situated—are hard to come by. Whether you’re seeking to diversify your portfolio, lock in CRP income, or plan for future row crop production, this property offers multiple pathways for value. Just a short drive from Owatonna.
Call Bob to schedule your own private showing.
Property Listing
Type
Farms, Recreational Land, Hunting Land
Road Frontage
Township Road
Road Surface
Gravel
Media
Other Property Details
Land Details
- Tillable
- Enrolled in Government Program
Features/Improvements
- Small Game
- Upland Game
Coordinates
43.9273, -93.1479
Annual Taxes
$1,290
Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.