0 County Rd 3, Stewartville, MN 55976
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.