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    Elgin, MN
    Agricultural

    Elgin, MN Agricultural Land / Farmland for Sale

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    Plainview, MN Hammond, MN Zumbro Falls, MN Oronoco, MN Rochester, MN Eyota, MN Mazeppa, MN Dover, MN
    Combination Farm and Recreational Land
    Updated: Jun 10
    Combination Farm and Recreational Land

    8615 50th Ave NE, Elgin, MN 55932

    $819,000
    78.00 AC lot
    78+/- acre tract in Farmington Township, Olmsted County, MN (8615 50th Ave NE, Elgin, MN 55932).
    42+/- tillable acres with an 87.4 CPI.
    Tillable soils include Downs, Tama, and Lindstrom silt loam (well‑drained).
    36+/- timber acres for recreation and hunting.
    Includes a potential building site and additional natural areas for recreational use.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elgin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Buildable Wooded Bluff Land with Pasture
    Buildable Wooded Bluff Land with Pasture

    56160 County Road 21, Mazeppa, MN 55956

    $239,900

    Wooded bluff property with utilities at the road, a small pasture area, and county zoning allowing one single-family dwelling.

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    Corner Farmland Parcel
    Corner Farmland Parcel

    L7B1 Miller Place NW, Rochester, MN 55901

    $229,900

    For sale farmland parcel in Olmsted County with frontage on 18th Ave NW and 90th St NW.

    View details
    Farmland with Building Site Potential
    Farmland with Building Site Potential

    375th Ave, Zumbro Falls, MN 55991

    $400,000
    20.19 AC lot

    20.19-acre parcel offers tillable and recreational land with a potential site for future development.

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    Agricultural Land Parcel
    Agricultural Land Parcel

    4700 Country Club Road SW, Rochester, MN 55902

    $1,545,904

    For-sale farmland on Country Club Road SW with direct access via 2nd St SW.

    View details

    Elgin, MN Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 agricultural land / farmland for sale in Elgin, MN on our real estate platform. These investment opportunities span a total of 3,397,680 square feet of properties for sale, with an estimated market value of $819,000.

    Sale prices for farmlands in Elgin, MN average $819,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,080
    Population Growth (5Y) -0.1%
    Median Household Income $102,727
    College Educated 38.3%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55932 $819K

    Taxes & Financing

    Tax Rate (average for all types) 1.68%
    Property Tax per SF $36.34 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

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