Agricultural

Mitchell, SD Agricultural Land / Farmland for Sale

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Mount Vernon, SD Alexandria, SD Dimock, SD
Agricultural Land with Improvements
Updated: May 25
Agricultural Land with Improvements

24912 406th Ave, Mitchell, SD 57301

$160,000
Approximately 3.49+/- acres
Existing buildings and structures on site
Electricity has been installed
Water available nearby
Outside city limits
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchell, SD, 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.

CREP-Enrolled Farmland
CREP-Enrolled Farmland

282nd St, Olivet, SD 57052

$273,413
39.34 AC lot

Agricultural acreage combines conservation enrollment with recreational access and possible future cropland use.

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Pasture Ranch With Artesian Wells
Pasture Ranch With Artesian Wells

386th Ave, Wessington Springs, SD 57382

$2,464,000

Fenced agricultural acreage includes a new sorting/loading pen and wetland easements.

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Farmland with CRP Acres
Farmland with CRP Acres

SD Hwy 44, Olivet, SD 57052

$979,900
155.88 AC lot

A Hutchinson County tract combines tillable ground, enrolled acreage, tree cover, and an on-site dugout.

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Pasture Ranch with Artesian Wells
Pasture Ranch with Artesian Wells

Wessington Springs, SD 57382

$2,464,000

Pasture acreage includes water resources, livestock handling improvements, perimeter fencing, and wetland easements.

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Mitchell, SD Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Mitchell, SD on our real estate platform.

Sale prices for farmlands in Mitchell, SD average $160,000 — 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 19K
Population Growth (5Y) +3.7%
Median Household Income $60,671
College Educated 31.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57301 $160K

Taxes & Financing

Tax Rate (average for all types) 0.83%
Property Tax per SF $12.27 per SF
Average Loan-to-Value 65.0%

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