tbd Tbd 118th St SE

3,092,760 / 71
Lot Size / Acres

Description

This exceptional 71 +/- acre property in southeastern Minnesota offers an outstanding combination of productive farmland, steady income, and prime location. Of the total acreage, approximately 69.5 +/- 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...This exceptional 71 +/- acre property in southeastern Minnesota offers an outstanding combination of productive farmland, steady income, and prime location. Of the total acreage, approximately 69.5 +/- 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.
  1. Listed by LandProz Real Estate, LLC

Property Details for Tbd Tbd 118th Street Southeast

Zoning Jurisdiction
Agriculture,Business/Commercial
LISTING UPDATED: 11/04/2025 12:32 PM

Property Details for Tbd Tbd 118th Street Southeast

StatusActive
MLS #6813621
Days on Compass109
Taxes$4,552 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size71.00 AC
CountySteele County

Location

Listing Courtesy of LandProz Real Estate, LLC
Add your commute

Building Information for Tbd Tbd 118th Street Southeast

Lot Size71.00 AC

Payment Calculator

$3,835 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,456

Property Taxes

$379

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Tbd Tbd 118th Street Southeast

Summary
Location and General Information
  • City Name: Blooming Prairie
  • County Or Parish: Steele
  • County: Steele-MN
  • Directions: From Blooming Prairie head North on US-218 for about 4.2 miles then turn left onto 118th St SE and continue for 2.2 miles and the destination will be on your left hand side.
  • Latitude: 43.917421
  • Longitude: -93.128189
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Blooming Prairie
  • City and Location Text: Blooming Prairie(MN)
  • Postal Code: 55917
  • State Or Province: MN
  • Public Survey Township: 105
  • Topography: Gently Rolling
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 010081100
  • Tax Annual Amount: $4,552.00
  • Tax Legal Description: E1/2 OF NE1/4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 4552.0000
School Information
  • High School District: 756 - Blooming Prairie
  • School District Number: 756
  • School District Phone: 507-583-4426
Property
Lot Information
  • Lot Size Area: 71.0
  • Lot Size Dimensions: 1328 ft x 2653 ft x 565 ft x 575 ft x 805 ft x 2101 ft
  • Lot Size Units: Acres
  • Program Acres Total: 0.0000
  • Property Type: Land
Utilities
  • Utilities: None Connected, None Available

Property History for Tbd Tbd 118th Street Southeast

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Price Change

NorthStar #6813621

$709,000
Nov 4, 2025

Listed (Active)

NorthStar #6813621

DateEvent & SourcePrice
11/04/2025

Price Change

NorthStar #6813621

$709,000
11/04/2025

Listed (Active)

NorthStar #6813621

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Tbd Tbd 118th Street Southeast

This home is within Blooming Prairie Public School Dist.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Blooming Prairie Elementary School
PublicPK to 6

Blooming Prairie Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Tbd Tbd 118th Street Southeast is a 71 ac of land for sale in Blooming Prairie, MN 55917. This property was listed for sale on November 4, 2025 by LandProz Real Estate, LLC, it's currently listed at $709,000. This listing's school district is Blooming Prairie Public School Dist. Nearby schools include Blooming Prairie Elementary School and Blooming Prairie Secondary. Tbd Tbd 118th Street Southeast is a 0-bed, 0-bath, 71 ac of land on a 3,092,760 sq. ft. / 71 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LandProz Real Estate, LLC

Based on information submitted to the MLS GRID as of 11/04/2025 12:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.