151 Acres in Union, MN - $1,508,000
PROPERTY DESCRIPTION
LandProz is pleased to present the Thimsen Farm property in Steele County, MN. This exceptional 151 +/- acre property, located in southeastern Minnesota, offers a rare combination of productive farmland, strong income, and an outstanding location. Of the total acreage, approximately 145 +/- acres are tillable, boasting a CPI of 67.8, making it a proven performer for row crop production. The land is predominantly tillable and includes drainage ditches that provide excellent water management, promoting consistent yields and long-term soil health.
Ideally situated south of Owatonna and west of Blooming Prairie, this farm enjoys excellent access on two sides from well-maintained blacktop roads, providing convenience for equipment and efficient field operations. Its location in a productive and sought-after agricultural area enhances both its operational and investment a...
Ideally situated south of Owatonna and west of Blooming Prairie, this farm enjoys excellent access on two sides from well-maintained blacktop roads, providing convenience for equipment and efficient field operations. Its location in a productive and sought-after agricultural area enhances both its operational and investment appeal.
Adding significant value, the property includes two windmills, each providing $15,800 in annual paymentsa total of $31,600 in 2025with a 3% annual escalator built into the contract. This reliable, long-term wind income, paired with the existing cropland lease, generates over $66,000 in total annual income, offering a remarkable combination of cash flow and capital appreciation potential. The cropland will be open to farm or lease in 2026, giving future owners the flexibility to operate the land themselves or structure a new lease for additional income stability.
This is an outstanding investment opportunity for those seeking productive farmland with strong financial returns. With its mix of fertile soils, excellent access, efficient drainage, and substantial wind lease income, this tract represents one of the most attractive farmland investments available in southeastern Minnesota. Dont miss your chance to own a high-quality, income-producing property that delivers both immediate returns and lasting value.
Please contact LandProz Broker Brian Haugen at 507-208-0791 or LandProz Agent Kelly Bolin at 651-380-2857 for more information regarding this property.
PROPERTY FEATURES
151 +/- Deeded acres [subject to survey]
145 +/- Tillable acres
CPI of 67.8
Majority farmland with drainage ditches for outlet
Located in Southeastern MN
Excellent location south of Owatonna, west of Blooming Prairie, MN
[2] Windmills with payments of $15,800.00 each annually for a total of $31,600.00 in 2025
Windmill contract has annual escalator of 3%
Cropland is open to farm or lease in 2026
Great access on two sides along very nice blacktop roads
Excellent investment in farmland with large annual wind payments
Over $66,000.00 in current annual income with wind and cropland lease
Real Estate Taxes: TBD
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