Pending
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Pending

$1,568,000

0 Beds 0 Baths 0 SQFT 160.00 Acres
Type: Pending

0000 40th Avenue
Pipestone, MN 56164

MLS#: 7159106
Jim Starr
Jim Starr
The Real Estate Advantage
Crosstown Real Estate Group, Co-Founder/Partner
Phone: 612.247.5898
Office: 763.755.1100
Presented by: Midwest Land Group LLC

Property Description

 

Conveniently located in the heart of Minnesota’s southwestern corner, Pipestone County is widely regarded as some of finest and most fertile farmland in America. These 160 acres feature a CPI of 73.2 and is known to produce profitable yields year over year. The property could offer a picturesque prairie build site, and it is a consistent money maker. An on-site well feeding a 7-section and recently updated electric, Valley-powered center-pivot irrigation system easily defeats occasional dry conditions to ensure consistent soybean and corn production. The square 160 is easily accessible from two road fronts making it a snap to deliver implements for planting and harvest. With true potential at attractive ROI, an existing renter is open to new contracts, or if the investing farmer is looking to add to a portfolio, this property would make a fine addition to an existing farm. As is the case with most irrigated fields, the corners could make for a productive CRP contract to compliment the income-generating row crop. The investment potential is real and the dirt is priced to move. Located 6.3 miles northwest of Pipestone, Minnesota, 48 miles northeast of Sioux Falls, 93 miles southeast of Watertown, South Dakota, and nearly 200 miles southwest of Minneapolis.


 

Interior Features

Other Interior Features

Basement (Y/N)No

General

Additional Parcels Y/NNo
CityPipestone
ContingencyNone
CountyPipestone
Development StatusRaw Land
DirectionsHead west out of Pipestone, Minnesota, on Highway 30 for approximately 4 miles, turn right on 40th Ave for 3 miles. Property on the right, look for signs. Contact agent for showings, no trespassing.
Farm TypeCrop
HOANo
HOA Fee$0
High School DistrictPipestone Area Schools
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
PostalCityPipestone
Property TypeLand
RestrictionsOpen
Standard StatusPending
Tax Annual Amount$4,144
Tax Year2026
TopographyLevel
UtilitiesElectricity Available, Electricity Connected, Water Available, Water Connected
Zoning DescriptionAgriculture

Exterior

Cultivated Area160 sqft
FencingNone
InclusionsWatering System
Lot Dimensions2, 640x2, 640
Lot FeaturesCorner Lot, Tillable
Lot Size Area160 sqft
Road Frontage TypeCounty Road, Unpaved Streets
Road ResponsibilityPublic Maintained Road
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$1,568,000

0 Beds 0 Baths 0 SQFT 160.00 Acres
Type: Pending

0000 40th Avenue
Pipestone, MN 56164

MLS#: 7159106
Jim Starr
Jim Starr
The Real Estate Advantage
Crosstown Real Estate Group, Co-Founder/Partner
Phone: 612.247.5898
Office: 763.755.1100