$1,800,000
This Mower County farmland is located 7 miles south of Grand Meadow, MN in Bennington Township. These two parcels consists of a total of 120.00 +/- acres (Subject to Survey) with 117.00 +/- acres tillable cropland with an average CPI soil rating of 94.3 with primary soil types of Readlyn silt loam, Tripoli silt loam, Oran silt loam, Floyd silt loam and Racine silt loam. This farm ground has been farmed in a soybean and corn rotation in past years. Mower County Highway 8, a hard surface road borders the west property line with access and 170th Street, a crushed rock township road borders the south property line with access. This property is a rare find, boasting a Crop Productivity Index (CPI) exceeding 94, ensuring exceptional soil quality and productivity across its approximately 117 acres of tillable, high fertile farmland. The current market rate for tillable land of this caliber in this area exceeds $400 per acre annually in cash rent, making this a strong income-producing asset. With such productivity and rental history, it is a rarity in this sought after region.
ACTIVE
Status
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7110030
MLS
TBD 740th Avenue, Grand Meadow
Listing courtesy of Better Homes and Gardens Real Estate First Choice.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.