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
| Office | Midwest Land Group LLC |
|---|
