Property profile

0 County Rd 3 Stewartville, MN 55976

OFF-MARKET
Land
149.89 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 149.89-acre property in Olmsted County, Minnesota, presents a compelling investment opportunity. Located approximately eight miles west of Stewartville, along County Road 3 SW, this farmland boasts an estimated 138.46 FSA tillable acres with a strong Crop Production Index of 83.8. The soil composition, featuring Racine loam, Lawler loam, Clyde silty clay loam, and Floyd silt loam, is ideal for large-scale farming operations. The property includes patterned tiling with an outlet on the northeast corner, enhancing drainage and efficiency. Its strategic location offers easy access to Interstate 90, facilitating transportation and market access. This prime farmland is zoned Agricultural (APN: 45.05.14.084114) and is situated in the northeast quarter of Section 5, High Forest Township. Beyond its agricultural potential, the property offers possibilities for future development, with potential for three to four buildable lots, subject to local regulations and approvals. The asking price is $2,098,500. This represents a significant opportunity for investors seeking a 1031 tax-deferred exchange or established farmers looking to expand their operations in a highly desirable location.

Property profile

Verified
Property type Land
Lot 149.89 ac (6,529,208 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

County Rd 3 Stewartville, MN 55976
Stewartville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own County Rd 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message