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$1,455,300
MLS: 22051-100000
146.16 Acres
Discover a remarkable opportunity with this expansive 146.16-acre property located just off County Road 19, nestled between the charming towns of Lanesboro and Harmony in Southeast Minnesota. This farm stands out in one of the region’s most prestigious agricultural areas, offering approximately 138 acres of highly productive tillable land with a Crop Productivity Index (CPI) exceeding 85. The superior soil quality here ensures excellent crop yields, with corn consistently producing between 180 and 200 bushels per acre. This makes it an ideal acquisition for both seasoned farmers and investors seeking reliable income from fertile farmland.
The property boasts a strong financial track record, with past rental rates reaching $300 per acre, reflecting its desirability and productivity. Although there is currently no written lease contract in place for 2025, the existing renter has expressed a keen interest in continuing the lease, offering immediate income potential for the new owner. Recent improvements include lime application two growing seasons ago and the establishment of winter cover crop hay, enhancing soil health and long-term sustainability. An easement will be provided at closing to allow access south of the waterway, ensuring ease of management and operational flexibility.
Situated in the tranquil countryside of Southeast Minnesota, this farm combines the best of rural serenity with convenient accessibility via County Road 19. The area’s rich farming heritage and prestigious reputation make this property a rare find, promising both excellent agricultural returns and a lasting legacy. Whether you are looking to expand your farming operations or invest in premium farmland with proven profitability, this parcel offers unmatched value and opportunity in a sought-after market.