Combination Farm and Recreational
For Sale
$819,000
Pending
8615 50th Ave NE, Elgin, MN 55932
LAND - Elgin, MN
Property SizeContact for details
Lot Size78.00 Acres
Days on Market71
Property Features for 8615 50th Ave NE
General Information
Property type
Land
Property subtype
Other
Directions
From Elgin, MN, head west on County Road 67 for approximately 1.9 miles. Turn left on 315th Ave and head south for 0.5 miles. Turn right on 85th St NE and continue heading west for 3.9 miles. Then, turn right on 85th Ave NE and head north for approximately 0.2 miles. The farm will be located on the west side of the road.
Standard status
Pending
Lot size
78.00 Acres
Listing Agency:
High Point Land Company, LLC
(319) 559-2345
Listed By:
Krista Borst
(507) 218-1243
Added: Jun 10
Changed: Jul 26
Last Checked: Aug 19 at 8:06PM
MLS# 11816911
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
High Point Land Company presents a versatile 78+/- acre land tract in Farmington township, Olmsted County, Minnesota, located at 8615 50th Ave NE, Elgin, MN 55932. The property includes approximately 42+/- tillable acres with an 87.4 CPI. The tillable ground is described as well-drained Downs, Tama, and Lindstrom silt loam soils.
The balance of the acreage provides recreational opportunities, natural beauty, and potential building sites. An additional 36+/- acres of timber are identified as part of the property, supporting its blend of agricultural and recreational use.
The tract is described as having easy access to Rochester and is presented as a combination farm and investment property suitable for farming, hunting, recreation, or future home development opportunities.
The balance of the acreage provides recreational opportunities, natural beauty, and potential building sites. An additional 36+/- acres of timber are identified as part of the property, supporting its blend of agricultural and recreational use.
The tract is described as having easy access to Rochester and is presented as a combination farm and investment property suitable for farming, hunting, recreation, or future home development opportunities.
Key Highlights
- 78+/- acre tract in Farmington Township, Olmsted County, MN (8615 50th Ave NE, Elgin, MN 55932).
- 42+/- tillable acres with an 87.4 CPI.
- Tillable soils include Downs, Tama, and Lindstrom silt loam (well‑drained).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 55932, MN
1,934
Population
866
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
96%
High-School Grad
52.4 sq mi
ZIP Area
37
Density / Sq Mi
$102,727
Median Household Income
$46,886
Median Earnings
$744
Median Rent
$288,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 78+/- acre tract with 42+/- tillable acres, 87.4 CPI, and 36+/- timber acres plus potential building sites.
Where is this agricultural land / farmland located?
The property is located at 8615 50th Ave NE Elgin, MN.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: 78+/- acre tract in Farmington Township, Olmsted County, MN (8615 50th Ave NE, Elgin, MN 55932).; 42+/- tillable acres with an 87.4 CPI.; Tillable soils include Downs, Tama, and Lindstrom silt loam (well‑drained).
