Refine Search
Sort by
$1,629,875
7090164 MLS
130.4-Acre High-Productivity Tiled Farmland for Sale - Steele County, Minnesota (West Side of 218, that 25 acres (of the original 155.39) is pending under contract) Prime Agricultural Investment | Near Claremont Ethanol Plant | 1031 Exchange Eligible | Estimated $300/Acre Cash Rent Potential This is a rare opportunity to acquire a turnkey, income-producing Minnesota farm with exceptional soil quality, extensive drainage infrastructure, and strong local grain marketing advantages. Located in Aurora Township, Steele County (Section 8, T106N R19W), this 130.4-acre property (subject to survey and split) has been under the dedicated care of the same operator for over 55 years, reflecting pride of consistent stewardship. Superior Soil Productivity (CPI 91.4 Weighted Average): Among the highest in the region. Major soil types include Webster clay loam (40.9 acres), Glencoe clay loam (40.6 acres), Nicollet clay loam (29.4 acres), and Clarion loams - classic, high-yielding southern Minnesota soils ideal for corn, soybeans, and other row crops. Excellent yield potential and long-term soil health. Extensive Drain Tile Infrastructure: The land features comprehensive drainage improvements. Historical maps from Hodgman Drainage Company (detailed 1990s installations) show thousands of feet of 4", 5", and 6" tile lines that effectively manage these naturally heavier (poorly to somewhat poorly drained) soils, maximizing tillable acres and reliability in Minnesota's climate. Full tile maps available for review. Favorable Topography & High Usability: Gently rolling to level terrain (elevations 1,211-1,246 ft, mean ~1,229 ft) with modern equipment-friendly slopes. Minimal wetlands (only 1.34 acres per National Wetland Inventory) - the vast majority is highly tillable cropland. Strong Cash-Flow Potential: Estimated market cash rent of $300 per acre supports approximately $37,800+/- in annual gross rental income. Steele County and surrounding south-central Minnesota farmland commands premium rents for quality tiled ground due to strong tenant demand and proven productivity. Strategic Location Near Claremont Ethanol Plant: Conveniently positioned with excellent proximity to the Al-Corn Clean Fuel ethanol plant in nearby Claremont, MN. This provides local grain buyers, shorter hauling distances, lower transportation costs, and enhanced marketing flexibility - a major operational and economic advantage for both owner-operators and absentee investors. 1031 Tax-Deferred Exchange Opportunity: Seller is seeking to relinquish this property for a replacement opportunity. Additional Investment Highlights: Long-term consistant operator (55+ years) ensures the property has been well-maintained with investments in drainage and soil care. Clean, productive asset with minimal improvements beyond excellent drainage and soil base - ready for your plans or continued rental. in one of America's most reliable agricultural regions. Coordinates: Approx. 44.0045°N, 93.1413°W - easy to locate on mapping platforms. This is a low-management, high-performing agricultural real estate investment in the heart of Minnesota's fertile farmland belt. Whether you are an investor, 1031 exchanger, or expanding farm operator, this property offers proven cash flow, strong fundamentals, and future appreciation potential in a stable U.S. ag market. Detailed soil maps, topography data, full drainage tile plans are available.

TBD Highway 218, Owatonna

Listing courtesy of Midwest Home and Farm Realty.

$84,000
6760587 MLS
SOMETHING NEW AND DIFFERENT ON THE EDGE OF OWATONNA! WELCOME TO MAPLE CREEK ESTATES #2 and #3. Here is an amazing opportunity to build your dream home in this attractive location on the edge of town. It boasts easy access to I-35 and is just minutes from downtown. This specific lot is just the beginning of the opportunities you will see in the newest development in Owatonna. Bring your building plans or ask for help from us. Choose the lot that fits you! There are full basements, lookouts, walkouts, cul-de-sac and even a pond. Paved streets, curb and gutter and utilities are included. $100 annual fee applies to all the lots for the environmental maintenance agreement that provides service and maintenance for the retention pond.

2179 Maple Leaf Lane NE, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$120,000
6575567 MLS
Beautiful 2-Acre Lot in SW Owatonna: Perfect for One Home or Three! Discover the perfect spot for your dream home on this stunning 2-acre lot, currently divided into 3 parcels. Located in a peaceful cul-de-sac in Southwest Owatonna, this property offers a serene setting with beautiful views overlooking Moorehouse. Key Features: 2 Acres Total: Divided into 3 parcels, ideal for one spacious home or up to three separate residences. Scenic Location: Enjoy the natural beauty and tranquility of a tree-covered lot, complete with a picturesque ravine that attracts local wildlife. Prime Setting: Nestled in a quiet cul-de-sac, offering privacy and a sense of community. Nature at Your Doorstep: The ravine and surrounding trees create a haven for birds and other wildlife, providing a nature lover's paradise. Whether you're looking to build your own private retreat or develop multiple homes, this property offers endless possibilities. Don't miss out on this unique opportunity in SW Owatonna!

xxx Anderson Place, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$64,395
6329705 MLS
Located in a highly desirable Southeast area where space is quickly running out, this buildready lot is ideal for buyers looking to design and build their custom home. Enjoy flexibility, modern infrastructure, and the opportunity to create a home that fits your lifestyle from the ground up. Bring your own building plans or ask us for ideas to get started. Not ready to give up your yard and outdoor activities, but want a little help with the upkeep? This premium single-family new construction lot o??ers the best of both worlds—you own the land and have the freedom to add a fence, shed, garden, and more, while benefiting from an association that handles snow removal, lawn care, sanitation service, and the exterior irrigation system. A rare opportunity to build new in a sought-after location—don’t miss it!

865 Escalade Lane SE, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$64,395
6329697 MLS
Located in a highly desirable Southeast area where space is quickly running out, this build ready lot is ideal for buyers looking to design and build their custom home. Enjoy flexibility, modern infrastructure, and the opportunity to create a home that fits your lifestyle from the ground up. Bring your own building plans or ask us for ideas to get started. Not ready to give up your yard and outdoor activities, but want a little help with the upkeep? This premium single-family new construction lot oAers the best of both worlds—you own the land and have the freedom to add a fence, shed, garden, and more, while benefiting from an association that handles snow removal, lawn care, sanitation service, and the exterior irrigation system. A rare opportunity to build new in a sought-after location—don’t miss it!

859 Escalade Lane SE, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$60,399
6329496 MLS
Located in a highly desirable Southeast area where space is quickly running out, this buildready lot is ideal for buyers looking to design and build their custom home. Enjoy flexibility, modern infrastructure, and the opportunity to create a home that fits your lifestyle from the ground up. Bring your own building plans or ask us for ideas to get started. Not ready to give up your yard and outdoor activities, but want a little help with the upkeep? This premium single-family new construction lot o??ers the best of both worlds—you own the land and have the freedom to add a fence, shed, garden, and more, while benefiting from an association that handles snow removal, lawn care, sanitation service, and the exterior irrigation system. A rare opportunity to build new in a sought-after location—don’t miss it!

725 Escalade Lane SE, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$84,000
6162180 MLS
SOMETHING NEW AND DIFFERENT ON THE EDGE OF OWATONNA! WELCOME TO MAPLE CREEK ESTATES #2 and #3. Here is an amazing opportunity to build your dream home in this attractive location on the edge of town. It boasts easy access to I-35 and is just minutes from downtown. This specific lot is just the beginning of the opportunities you will see in the newest development in Owatonna. Bring your building plans or ask for help from us. Choose the lot that fits you! There are full basements, lookouts, walkouts, cul-de-sac and even a pond. Paved streets, curb and gutter and utilities are included. $100 annual fee applies to all the lots for the environmental maintenance agreement that provides service and maintenance for the retention pond.

2185 NE Maple Leaf Lane, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$84,000
6161689 MLS
SOMETHING NEW AND DIFFERENT ON THE EDGE OF OWATONNA! WELCOME TO MAPLE CREEK ESTATES #2 and #3. Here is an amazing opportunity to build your dream home in this attractive location on the edge of town. It boasts easy access to I-35 and is just minutes from downtown. This specific lot is just the beginning of the opportunities you will see in the newest development in Owatonna. Bring your building plans or ask for help from us. Choose the lot that fits you! There are full basements, lookouts, walkouts, cul-de-sac and even a pond. Paved streets, curb and gutter and utilities are included. $100 annual fee applies to all the lots for the environmental maintenance agreement that provides service and maintenance for the retention pond.

2189 NE Maple Leaf Lane, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$84,000
6161649 MLS
SOMETHING NEW AND DIFFERENT ON THE EDGE OF OWATONNA! WELCOME TO MAPLE CREEK ESTATES #2 and #3. Here is an amazing opportunity to build your dream home in this attractive location on the edge of town. It boasts easy access to I-35 and is just minutes from downtown. This specific lot is just the beginning of the opportunities you will see in the newest development in Owatonna. Bring your building plans or ask for help from us. Choose the lot that fits you! There are full basements, lookouts, walkouts, cul-de-sac and even a pond. Paved streets, curb and gutter and utilities are included. $100 annual fee applies to all the lots for the environmental maintenance agreement that provides service and maintenance for the retention pond.

2195 NE Maple Leaf Lane, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.