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    000 161St St Pipestone, MN 56164

    For Sale
    $1,312,000

    Farm/Estate - Pipestone, MN

    Type:Farm
    Days on Market:
    89
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 000 161St St

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    High Point Realty & Auction (507) 218-1243

    Listing agent Sean Haberman (507) 218-1243

    Listing date Sep 16, 2025

    MLS# 11575370 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    160-Acre Farm with CRP Income

    This 160-acre farm is located in Section 8 of Grange Township in Pipestone County, Minnesota. The property features 93.48 tillable acres with a Crop Productivity Index (CPI) of 83, suitable for crop production. The North Branch of the Pipestone Creek flows through the farm, providing a water source and tile outlet. A total of 50.21 acres are enrolled in the Conservation Reserve Program (CRP), generating an annual payment of $7,586. The farm's layout also provides potential for pastureland, adding flexibility for future livestock use. The mix of creek bottom, CRP grassland, and cropland creates cover for pheasants, deer, and other wildlife, offering hunting opportunities. The property is located at 000 161st Street, Pipestone, MN 56164. The legal description is SW1/4, Section 8, Township 107, Range 45, Pipestone County, MN.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Pipestone
    County
    Pipestone
    State
    Minnesota
    Longitude
    -96.279823
    Latitude
    44.084502

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    FAQs

    What type of property is this?
    Farm - 160-acre farm with cropland, CRP income, and recreational opportunities.
    Where is this farm located?
    The property is located at 000 161St St Pipestone, MN.
    What is the asking price?
    The asking price for this property is $1,312,000.
    What are key features of this property?
    This property features: - 160-Acre Farm in Pipestone County, MN; - **93.48 Tillable Acres with an 83 CPI, suitable for consistent crop production.**; - 50.21 Acres enrolled in CRP generating $7,586 annual income.
    (507) 218-1243
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 161St St Pipestone, MN 56164
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