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    Lake Benton, MN
    Agricultural

    Lake Benton, MN Agricultural Land / Farmland for Sale

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    Russell, MN Pipestone, MN Hendricks, MN Balaton, MN Flandreau, SD Lynd, MN Brookings, SD Hadley, MN
    CRP and Pasture Farmland
    Updated: Jan 22
    CRP and Pasture Farmland

    1458 Terrace Drive, Lake Benton, MN 56149

    $328,000
    46.43 AC lot
    46.43 total acres near Lake Shaokatan
    34.81 acres enrolled in CRP
    11.62 acres of productive pastureland
    CRP contract expires September 30, 2029
    Established grass cover with nesting and wildlife habitat
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    Farmland Tract for Sale
    Updated: Jan 22
    Farmland Tract for Sale

    1458 Terrace Drive, Lake Benton, MN 56149

    $328,000
    Agricultural land for sale at 1458 Terrace Drive
    Access off County Road 15
    Located on the west side of the road per directions (County Road 15 north on 150th Ave.)
    Partial wire fencing
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Benton, 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.

    Farm Property with Grass Waterway
    Farm Property with Grass Waterway

    250 Avenue, Tracy, MN 56175

    $936,000
    80.00 AC lot

    Farm property with substantial tillable acreage and a grass waterway supporting field drainage.

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    Prime Tillable Farmland Tract
    Prime Tillable Farmland Tract

    330th Ave, Westbrook, MN 56183

    $1,986,000
    160.00 AC lot

    160+/- acres with 137.95+/- tillable acres, CPI 94.4, and CRP enrollment through September 30, 2028.

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    Wooded Agricultural Land
    Wooded Agricultural Land

    24907 County Road 6, Westbrook, MN 56183

    $189,000

    Agricultural acreage combines wooded ground, CRP land, a stream, electrical service, and rural water.

    View details
    Tiled Farmland Tract with Wind Income
    Tiled Farmland Tract with Wind Income

    110th Ave, Tracy, MN 56175

    Contact for pricing
    155.68 AC lot

    155.68 +/- acres with 151.80 +/- tillable acres, 91.8 CPI soils, tiled drainage, and additional wind income.

    View details

    Lake Benton, MN Agricultural Land / Farmland Market Trends and Statistics

    Explore 2 agricultural land / farmland for sale in Lake Benton, MN on our real estate platform. These investment opportunities span a total of 2,022,491 square feet of properties for sale, with an estimated market value of $656,000.

    Sale prices for farmlands in Lake Benton, MN average $328,000 — 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 1,205
    Population Growth (5Y) +6.8%
    Median Household Income $61,389
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56149 $328K

    Taxes & Financing

    Tax Rate (average for all types) 0.89%
    Property Tax per SF $0.72 per SF
    Tax Rate vs County Average 0.98 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Lake Benton, MN

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