40th Avenue, Pipestone, MN

$1,568,000

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160.00

Acres

About 40th Avenue

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.

Features of 40th Avenue

MLS® # 7159106
Price $1,568,000
Acres 160.00
Type Land
Status Active

Community Information

Address 40th Avenue
City Pipestone
County Pipestone
State MN
Zip Code 56164

Amenities

Utilities Electricity Available, Electricity Connected, Water Available, Water Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Corner Lot, Tillable

School Information

District Pipestone Area Schools

Additional Information

Days on Market 1
Zoning Agriculture
Foreclosure No
Short Sale No

Listing Details

OfficeMidwest Land Group LLC

Listing Map

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