0000 40th Avenue, Pipestone, MN 56164

$1,568,000

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List Price
$1,568,000
MLS#
7159106
Status
ACTIVE
Type
Land
Acres
160

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.

Additional Information

School District
Pipestone Area Schools
Tax Year
2026
Restrictions
Open
Crop Type
Beans, Corn
Fencing
None
Farm Type
Crop
Lot Description
Corner Lot, Tillable
Topography
Level

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Listing courtesy of Midwest Land Group LLC.

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.

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