MLS: #7062229, Listed By: Jennifer Busch, Midwest Home and Farm Realty, Source:FargoMoorhead Area Association of REALTORS
TBD 34th Avenue
Owatonna, MN 55060
61.92Acres(Lot)
Steele County MN farmland for sale – This highly productive 61.92 deeded-acre row crop property in Somerset Township (T106N, R20W) offers investors and farm operators an outstanding opportunity in one of southern Minnesota’s top agricultural counties. With a weighted average Corn Productivity Index (CPI) of 84.0, excellent soil mix, existing drainage improvements, and current cash rent of $250 per acre, this land delivers strong cash flow and long-term appreciation potential. Property Highlights - Total Acres: 61.92 deeded acres - Listing Price: $9,300 per acre ? Total $576,000 - Current Cash Rent: 58 acres rented at $250/acre (open contract for 2027 – buyer can assume, renegotiate, or farm themselves) - 2025 Property Taxes: $4,098 - Soil Productivity: Weighted CPI 84.0 – exceptio
Property Details
Map
Map
Features
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Lot Information
Lot Dimensions: 1331x2650 Main Square Feet: 61.92 Acres Lot Size Acres: 61.92 Lot Size Square Feet: 2697235.2 Lot Description: Rolling Slope, Level
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Listing Price Information
Listing Price: $576000 Cash, Conventional
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Tax Information
Parcel Number: 050361100 Annual Tax: $2854
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Utility Information
Electricity Available -
Location Information
Direction: Head south on N Cedar St toward downtown, turn left onto E Main St, then right onto SE 18th Ave. Continue southeast on county roads to SE 34th Ave. Destination on right (~5-7 min drive)
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD Breckenridge Place, Owatonna, MN, 55060 | $35,000 | -- | -- | -- | 0.57 Acre(Lot) |
| XXX Anderson Place, Owatonna, MN, 55060 | $120,000 | -- | -- | -- | 2.12 Acres(Lot) |
| XXX NE Landmark Drive, Owatonna, MN, 55060 | $100,000 | -- | -- | -- | 0.90 Acre(Lot) |
| XXX Landmark Drive, Owatonna, MN, 55060 | $250,000 | -- | -- | -- | 1.82 Acres(Lot) |
| TBD NW 26th Street, Owatonna, MN, 55060 | $4,000,000 | -- | -- | -- | 78.77 Acres(Lot) |
| 2574 Stony Creek Drive, Owatonna, MN, 55060 | $62,895 | -- | -- | -- | 0.27 Acre(Lot) |
| 2515 Stony Creek Drive, Owatonna, MN, 55060 | $62,895 | -- | -- | -- | 0.41 Acre(Lot) |
| 2550 Stony Creek Drive, Owatonna, MN, 55060 | $62,895 | -- | -- | -- | 0.26 Acre(Lot) |
| 2179 Maple Leaf Lane, Owatonna, MN, 55060 | $84,000 | -- | -- | -- | 0.33 Acre(Lot) |
| 2199 NE Maple Leaf Lane, Owatonna, MN, 55060 | $91,500 | -- | -- | -- | 0.36 Acre(Lot) |
Similar Land To TBD 34th Avenue
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 04:25
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