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Lake Benton, MN Land 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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Benton, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brookings Land For Sale
Brookings Land For Sale

2500 6th St, Brookings, SD 57006

Contact for pricing
6 sqft 6.00 AC lot

6-acre land available in Brookings, South Dakota.

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Residential Land in Vibrant Community
Residential Land in Vibrant Community

315 Mueller Drive, Hendricks, MN 56136

$42,000
0.58 AC lot

Land in Hendricks, MN, with community amenities and recreational opportunities.

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Residential Land in Hendricks, MN
Residential Land in Hendricks, MN

304 Mueller Drive, Hendricks, MN 56136

$42,000
0.38 AC lot

Residential land in a vibrant community with many amenities.

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Retail Development Land With Visibility
Retail Development Land With Visibility

L4B1 25th Avenue, Brookings, SD 57006

Contact for pricing

Build-to-suit or purchase lots within the Wilbert Square Development with access and strong off-interstate visibility.

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Off-Market Properties in Lake Benton, MN

Consider similar Off-Market properties in Lake Benton, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

200Th St
Land

0 200Th St, Lake Benton, MN 56149

Value Estimation by Request
80.00 AC lot
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Lake Benton, MN Land Market Trends and Statistics

Explore 3 land 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 lots 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 2
Hunting land 1
Recreation land 1

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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