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Hector, MN Land for Sale

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Tillable Farmland with Drain Tile
Updated: Apr 10
Tillable Farmland with Drain Tile

440 440th, Hector, MN 55342

$714,000
59.51 AC lot
59.51 acres of agricultural land
Approximately 60 acres of tillable farmland
Drain tile is in place for field drainage
Tillable ground has been planted each year
Electricity available at the property
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hector, 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.

Productive Farmland Tract
Productive Farmland Tract

465th St (Parcels 1, 2, 3), Fairfax, MN 55332

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212 sqft 212.42 AC lot

Three parcels offer substantial tillable acreage with CPI ratings ranging from 89.2 to 92.1.

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Residential Development Land Parcel
Residential Development Land Parcel

4th Ave NW, Fairfax, MN 55332

$55,300
4.74 AC lot

4.74-acre residential land parcel in Fairfax, Minnesota, offered for sale with local utilities and community amenities nearby.

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City Cul-de-Sac Home Lot
City Cul-de-Sac Home Lot

113 Uren Ln, Redwood Falls, MN 56283

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Buildable city lot on a quiet cul-de-sac with city services and amenities available.

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Residential Lot in Redwood Falls
Residential Lot in Redwood Falls

113 U'Ren Lane, Redwood Falls, MN 56283

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0.29 AC lot

City lot in a quiet cul-de-sac with city services.

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Hector, MN Land Market Trends and Statistics

Explore 1 land for sale in Hector, MN on our real estate platform. These investment opportunities span a total of 2,592,256 square feet of properties for sale, with an estimated market value of $714,000.

Sale prices for lots in Hector, MN average $714,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 1

Demographics Overview

Population 1,884
Population Growth (5Y) +4.7%
Median Household Income $63,257
College Educated 17.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55342 $714K

Taxes & Financing

Tax Rate (average for all types) 3.18%
Property Tax per SF $25.26 per SF
Tax Rate vs County Average 0.82 pp above county avg
Average Loan-to-Value 65.0%

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