Agricultural

Underwood, MN Agricultural Land / Farmland for Sale

Notify Me
List
Map
Battle Lake, MN Dalton, MN Fergus Falls, MN Dent, MN Erhard, MN Henning, MN Clitherall, MN Vining, MN
Agricultural Land at Highway Intersection
Updated: Aug 9
Agricultural Land at Highway Intersection

29xxx County Highway 1, Underwood, MN 56586

$299,000
10 acres +/- of agricultural land
Located at the intersection of County Hwy 1 and Hwy 35
Addressed at 29xxx County Highway 1, Underwood, MN 56586
Potential commercial or mixed‑use conversion may require a boundary survey
View details
Country Acreage with Building Potential
Updated: Jun 26
Country Acreage with Building Potential

28015 Redhead Dr, Underwood, MN 56586

$49,900
2.50 AC lot
2.5+/- acre country parcel where you can build your own home and shop
Seller plans to survey the land at their cost
Located about 3 miles to Otter Tail Lake
Taxes are an estimate since the land will be split up and refigured
Seller also offers a nearby 2.5‑acre tract with about 2/3 woods on Hwy 1 for $59,000
View details
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 Underwood, 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.

Agricultural Land Along Interstate
Agricultural Land Along Interstate

US Hwy 59, Fergus Falls, MN 56537

$159,900
4.55 AC lot

Agricultural parcel with electricity available and access from US Hwy 59 near I-94.

View details
Lakefront Agricultural Land
Lakefront Agricultural Land

1 Tower Rd SW, Hoffman, MN 56339

Contact for pricing
210.90 AC lot

Large agricultural tract along Red Rock Lake with hunting, wildlife, and private recreational use potential.

View details
Vacant Land Parcel with City Utilities
Vacant Land Parcel with City Utilities

1st Street N, Hoffman, MN 56339

$105,000
5.86 AC lot

Vacant 5.86-acre parcel in Hoffman offers city water and sewer connections for flexible building or development uses.

View details
Agricultural Land Parcel
Agricultural Land Parcel

1121 Village Cir, Fergus Falls, MN 56537

$157,900

For sale agricultural land parcel at 1121 Village Cir in Fergus Falls, MN.

View details

Underwood, MN Agricultural Land / Farmland Market Trends and Statistics

Explore 2 agricultural land / farmland for sale in Underwood, MN on our real estate platform. These investment opportunities span a total of 108,900 square feet of properties for sale, with an estimated market value of $348,900.

Sale prices for farmlands in Underwood, MN start at $49,900, averaging $174,450, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 1,798
Population Growth (5Y) -6.7%
Median Household Income $82,333
College Educated 34.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56586 $174.5K

Taxes & Financing

Tax Rate (average for all types) 1.80%
Property Tax per SF $14.83 per SF
Tax Rate vs County Average 0.47 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otter Tail County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings