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TBD 118th Street Se, 
Blooming Prairie, MN 55917

$399,900


Bed


Bath


-

Sq Ft


40.00

Acres (Lot)


Land

Pending

Listed by

Brian J Haugen

Landproz Real Estate, LLC.

507-208-0791

Last updated:

March 6, 2026, 09:52 PM

MLS#

6813621

Source:

ND FMAAR

About This Land

TBD 118th Street Se

This exceptional 40 +/- acre property in southeastern Minnesota offers an outstanding combination of productive farmland, steady income, and prime location. Of the total acreage, approximately 35.23 +/- 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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

40.00

MLS #:

6813621

Last Updated:

March 6, 2026, 09:52 PM

Added:

4 month(s) ago


Finances & Disclosures

Finances

Price:

$399,900

Source:ND FMAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.