Steele Land for Sale

Steele County, Minnesota is located in the southern part of the state, just north of the Iowa border. It is a rural county with a population of approximately 27,000 people, making it the 15th least populous county in the state. The county seat is Owatonna, the largest city in the county.

Steele County is a great place for those looking to purchase land for sale. There are a variety of parcels available, ranging from small lots to larger acreage. The county is home to many outdoor recreation opportunities, including fishing, hunting, camping, and hiking. The area is also known for its agricultural land, with a variety of crops grown in the area.

In addition to the great outdoor activities and agricultural land, Steele County also offers a variety of housing options. There are many single-family homes, townhomes, and apartments available, as well as a variety of commercial properties. The county also offers a variety of amenities, including schools, libraries, and parks.

Steele County is a great place to purchase land for sale. It is a safe and welcoming community with plenty of amenities and recreational activities. The area is also known for its agricultural land, making it an ideal place to purchase land for farming or other agricultural purposes. If you are looking for a place to call home, Steele County is a great option.

Newest Steele Land for Sale

$42,500

7105642 MLS

Build your dream home at 1275 Bellflower Lane in Owatonna. Located in a neighborhood with convenient access to parks, schools, shopping, dining, and major roadways, this lot offers the opportunity to build a brand-new home. Reach out today for more information and to learn about available floor plans and customization options.

1275L Bellflower Lane NE, Owatonna

Listing courtesy of Re/Max Advantage Plus.

$59,900

7096437 MLS

Buildable platted expansive .75 acre lot located in North Country Addition, Lot 17 Block 2.

2530 Mossy Creek Drive NE, Owatonna

Listing courtesy of Worth Clark Realty.

$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.

$299,900

7059226 MLS

Rare over 1/2 acer .66 acer, lot on a cul-d-sac with mature trees . Hard to find buildable lot in the city. With a country view. Will build to suit for additional price. Picture is in photos.

1804 Northbrook Place, Owatonna

Listing courtesy of Dan Reese Realty.

$54,900

7036479 MLS

Build Your Heart a Home! Will Build to Suit! Enjoy a partial walkout basement with your plans or ours. Exclusive Builder has over 30 years of experience in Quality Construction and attention to detail. Mature development means street assessments are paid for initial street, curb and gutters. Let us walk you through the building process.

1585 Wood Duck Lane NE, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$48,900

7036469 MLS

1715 Wood Duck Lane NE, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$386,100

7026310 MLS

Discover a rare blend of productive farmland and exceptional wildlife habitat on this 128.7 ± acre parcel just minutes from Hope, ND. Approximately 66 ± acres of quality tillable ground offering 65.4 CPI and strong crop potential with open tenancy in 2026! Additional income from 59.1 acres of CRP at a rate of $76.62/acre that expires in 2026 with the potential to renew. The property also features native grass, natural sloughs and diverse cover. This mixture of habitat bordering crops creates great potential for pheasants, whitetail deer and waterfowl to feed, bed, nest and travel. With easy access off County Highway 10 and surrounded by quality agriculture and wildlife country, this tract is ideal for farmers looking to grow their operation, an outdoors enthusiast who wants both income producing acreage and premium recreational opportunities as well as investors. This uniquely balanced property offers both income potential from tillable acres and premier year-round outdoor opportunities — perfect for those seeking a legacy farm, family recreational property or a strategic agricultural investment with added wildlife value. Don’t miss your chance to own a diverse property offering farming and hunting!

TBD TBD County Hwy 10, Hope

Listing courtesy of Whitetail Trophy Properties Real Estate, LLC.

$157,000

7019650 MLS

THE BEST LOT IN OWATONNA! Elevate your future dream home with this one of a kind 1.2 acres of privacy & woods in the city limits! Wake up to the park! Property is seamlessly connected to Mineral Springs Park (48 acres to explore!). Discover the perfect blend of privacy, nature, and convenience offering peaceful views, abundant wildlife and immediate access to walking trails and green space. Ideal setting with a “country feel” while just minutes from Owatonna schools & shopping and walking distance to Brooktree Golf Course. Whether you’re planning a custom home or holding land for future potential...this unique property checks all the boxes!

1407 Mineral Springs Parkway NE, Owatonna

Listing courtesy of Re/Max Advantage Plus.

$150,000

7015730 MLS

Just minutes from Highway 35, this lush and level corner lot spans nearly one and a half acres, offering outstanding visibility and accessibility-ideal for business development. The land is blanketed in rich greenery and features a smooth, flat terrain that's ready for construction. Located near the Owatonna airport, medical facilities and busy shopping centers, this property is perfectly positioned for commercial use. A prime opportunity to establish your business in a high-traffic, well-connected location.

2580 Harvest Lane, Owatonna

Listing courtesy of Edina Realty, Inc..

$225,000

7007114 MLS

Open space ready for your vision! Possible location for a cannabis business. Possibly an additional 15 acres to be sold too.

8292 Cabot Avenue, Medford

Listing courtesy of Help-U-Sell Heritage Real Est..

$850,000

7001082 MLS

Commercial or agricultural property in the Industrial Park. Almost 40 ares on a paved road with easy acccess to I-35W and Hwy 14.

TBD 18th Street SW, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$35,000

6779666 MLS

Attractive wooded lot on a cul-de-sac! Build your dream home! Quick access to I35. Possible lookout and walkout options.

TBD Breckenridge Place NW, Owatonna

Listing courtesy of Coldwell Banker River Valley, REALTORS.

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