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$1,200,000
/mo Edit
Lot/Land:  Lot/Land
123.2 acres
Northfield schools
MLS# 7099057
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    Property Description

    Welcome to this exceptional 123 +/- acre income producing farm in Rice County. Located West of Northfield, this property offers everything from productive tillable soil, rolling hunting terrain, and long-term investment potential. The farm maintains 78 +/- acres of pattern tiled tillable ground with an average Crop Production Index rating of 79. The land showcases a large grove of walnut trees, followed by a natural hillside comprised of spruce, pine, cottonwood, maple, and poplar. Past that is 1/2-mile of Heath Creek surrounded by large maple trees and natural prairie grass cover. The layout, concealment, water, and crops all provide a superior habitat for whitetail deer, turkey, and waterfowl. Secluded from everything is a 2-acre portion of farmland cutting into the timber and wetlands that would be an ideal place for a food plot. Another distinctive feature of the farm is an easy to access elevated setting delivering landscape views of the countryside. An added benefit of this property is it may be farmed as early as the 2027 growing season. If you are looking for a property to fulfill a 10-31 tax exchange, land to add to your farming operation, or are simply in the market for a solid investment in a multi-use segment of ground, look no further! Properties that maintain all these qualities in one tract are a rare find. *Yearly rent income of $19, 890, current rent contract expires after 2026 harvest. *Crop, timber, and hunting income provide strong value for an investor. *Heavily timbered areas with various tree species. *78 +/- acres tillable, majority pattern tilled. *5 +/- acre walnut grove *Impressive land terrain features. *Possible building eligibility. *Easy access off I-35

    Listing

    Contingency: None
    City: Dundas
    County: Rice
    State: MN
    Property Style: Lot/Land
    Zip Code: 55019

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage: Township

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 123.2
    Geolocation: 44.4477378377, -93.2853843019
    Inclusions: Easements
    Lot Dimensions: Irregular
    Wooded Acres: 30
    Restrictions: Open
    Zoning: Agriculture

    Farm

    Soil Type: Loam
    Tillable Acres: 78
    Topography: Flood Plain, High Ground, Low Land, Rolling, Wooded
    WRP Acres: 0

    Schools

    School District: 659
    District Phone: 5076630629

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,382
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,382
    Association Fee Required: No
    Association Fee: None
    Taxable Acres: 123

    Miscellaneous

    Development Status: Raw Land
    Improvements: Unimproved Streets
    Available Utilities:
    • Electricity Available
    • None Connected
    Power Company Name: Steele-Waseca Co-op Electric

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Weiss Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.