149 Acres in Preston, MN - $1,470,000
PROPERTY DESCRIPTION
Presenting an outstanding 149 +/- acre tillable productive farm located off County Road 19, just south of Lanesboro, Minnesota, and north of Harmony, in one of Southeast Minnesotas most prestigious and highly desirable areas. This property is a rare find, boasting a Crop Productivity Index (CPI) exceeding 87, ensuring exceptional soil quality and productivity across its approximately 140 +/- acres of tillable, highly fertile farmland.
This farm offers a proven track record of profitability, with past rental rates reaching an impressive $300 per acre. As of 2025, there is no written contract in place, and the current renter has expressed a strong interest in continuing to lease the land, providing immediate income potential for the new owner. Whether youre an investor seeking a reliable revenue stream or a farmer looking to cultivate premium acreage, this property de...
This farm offers a proven track record of profitability, with past rental rates reaching an impressive $300 per acre. As of 2025, there is no written contract in place, and the current renter has expressed a strong interest in continuing to lease the land, providing immediate income potential for the new owner. Whether youre an investor seeking a reliable revenue stream or a farmer looking to cultivate premium acreage, this property delivers unmatched opportunity.
Nestled in the scenic countryside of Southeast Minnesota, this farm combines agricultural excellence with a prime location along County Road 19, offering both accessibility and the tranquility of rural living. Land of this caliber, with such productivity and rental history, is a rarity in this sought-after regiondont miss your chance to own a cornerstone of the areas farming heritage!
Please contact LandProz Associate Broker & Realtor Jen Busch at 507-923-7657 for more information regarding this property.
PROPERTY FEATURES
149 +/- Deeded Acres
140 +/- Tillable Acres
CPI of 87.6
Prominent Soil Types: Tama Downs, Chaseburg & Judson
Past renter is interested in still renting
Great Location
Well maintained & fertile soils
Past rents have been $300 per/acre [tillable]
Field drives off County 19, easement will be offered down driveway at closing, for access South of waterway
Real Estate taxes $TBD
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