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    Underwood, MN
    Agricultural

    Underwood, MN Agricultural Land / Farmland for Sale

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    Battle Lake, MN Dalton, MN Fergus Falls, MN Dent, MN Richville, MN Clitherall, MN Henning, MN Ottertail, MN
    Country Acreage with Building Potential
    Updated: Jun 26
    Country Acreage with Building Potential

    28015 Redhead Dr, Underwood, MN 56586

    $59,900
    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
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Farm Land with Heated Shop
    Farm Land with Heated Shop

    14869 SE 122nd Street, Menahga, MN 56464

    $179,900
    10.58 AC lot

    10.58-acre farm property with electricity available, including a heated shop and multiple outbuildings.

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    Rural Land with Silver Lake Views
    Rural Land with Silver Lake Views

    506 397th Ave, Frazee, MN 56544

    $79,500
    4.00 AC lot

    Open, pasture-style land with a drilled deep well and scenic Silver Lake views, offered with no covenants or building restrictions.

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    Hobby Farm Property With Outbuildings
    Hobby Farm Property With Outbuildings

    10877 110th St, Menahga, MN 56464

    $329,000

    As-is hobby farm includes multiple garages, barn, chicken coop, and on-site well, septic, and electricity.

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    Hunting Land Tract Auction
    Hunting Land Tract Auction

    Land Auction Sections 13 & 14 -138-40, Frazee, MN 56544

    Contact for pricing
    736.00 AC lot

    Auction includes 6 tracts totaling 736+/- acres, with hunting land near the Ottertail River and areas of tillable cropland and pasture.

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    Underwood, MN Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 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 $59,900.

    Sale prices for farmlands in Underwood, MN average $59,900 — 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 1,798
    Population Growth (5Y) -6.7%
    Median Household Income $82,333
    College Educated 34.6%

    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

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