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    Tbd Hwy 56 Le Roy, MN 55951

    Sponsored
    For Sale
    $1,349,000

    Lots & Land - Le Roy Twp, MN

    Lot size:
    195.27 Acres
    Days on Market:
    216
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for Tbd Hwy 56

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture
    APN
    090300013
    Lot size
    195.27 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Timber Ghost Realty LLC (651) 329-0873 [email protected]

    Listing agent Mark Nelson (651) 329-0873

    Listing date Jun 4, 2025

    MLS# 6730936 Listing URL

    Copyright © 2026 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Productive Farmland with Hunting Potential

    This 195.27-acre farm in Mower County, Southern Minnesota, presents an agricultural investment opportunity. The property features over 140 acres of tillable ground with an average Crop Productivity Index (CPI) of 68.7, along with over 45 acres of mature hardwoods. Located off Highway 56 and near grain markets, the property is suited for profitability and access. The current market rate for tillable land in the area exceeds $345 per acre annually in cash rent. The land is ideal for corn and soybean production. The mature timber provides whitetail hunting opportunities. Several building sites are nestled among the woods. A sand-bottom creek traverses the property and connects to the Upper Iowa River. Two neighboring parcels are also available. The property offers a mix of agriculture and recreation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Le Roy
    County
    Mower
    State
    Minnesota
    Longitude
    -92.55660231
    Latitude
    43.52579495

    FAQs

    What type of property is this?
    Farm - 195.27-acre farm with tillable land, timber, and recreational opportunities.
    Where is this farm located?
    The property is located at Tbd Hwy 56 Le Roy, MN.
    What is the asking price?
    The asking price for this property is $1,349,000.
    What are key features of this property?
    This property features: - Over 140 acres of highly productive tillable land with an average CPI of 68.7, ideal for corn and soybean production.; - Strong income-producing potential with market rental rates exceeding $345 per acre annually.; - Located just off Highway 56 and minutes from major grain markets, providing excellent access and logistical advantages.
    (651) 329-0873
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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
    Tbd Hwy 56 Le Roy, MN 55951
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