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    Tbd State Highway16 Lanesboro, MN 55949

    For Sale
    $94,000

    Farm/Estate - Lanesboro, MN

    Type:Farm
    Days on Market:
    70
    Last Refresh:
    Dec 9 at 9:06 am

    Property Features for Tbd State Highway16

    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 Jake Mestad (507) 218-1243

    Listing date Oct 1, 2025

    MLS# 11543312 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

    Scenic Building Acreage Near Root River

    This acreage presents an opportunity to build a home or create a weekend retreat in Fillmore County, Minnesota, east of Whalan, between Lanesboro and Rushford. The property's location near the Root River and the Root River State Trail provides access to outdoor activities such as paddling, fishing, and biking. Local attractions, including the Aroma Pie Shoppe and Tiger Trail Lefse Chip, are a short drive or bike ride away. Situated along State Highway 16, the property is located 8 minutes from Lanesboro, 16 minutes from Rushford, 50 minutes from La Crosse, and 57 minutes from Rochester. Six acres are enrolled in the CRP program at $177 per acre, with five years remaining on the contract, providing income and wildlife habitat. The property is buildable, located off a blacktop road, and features trails, making it suitable for camping and relaxation.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Lanesboro
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.914358
    Latitude
    43.733099

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    FAQs

    What type of property is this?
    Farm - Building acreage near Root River with CRP income potential.
    Where is this farm located?
    The property is located at Tbd State Highway16 Lanesboro, MN.
    What is the asking price?
    The asking price for this property is $94,000.
    What are key features of this property?
    This property features: - Prime location in the scenic Root River Valley, offering a peaceful setting.; - Income-generating potential with 6 acres enrolled in the CRP program, providing $177 per acre for the next five years.; - Convenient access to outdoor activities including paddling, fishing, and biking via the nearby Root River and Root River State Trail.
    (507) 218-1243
    Request Owner's contact information
    Tbd State Highway16 Lanesboro, MN 55949
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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 State Highway16 Lanesboro, MN 55949
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