19 Hwy Afton, MN 55001
This exceptional 75-acre property in Goodhue County, Minnesota, presents a unique investment opportunity. Located conveniently off Highway 19 near Red Wing, this land boasts 48.1 tillable acres with a highly productive Corn Productivity Index (CPI) of 74.9, generating strong cash rent. The picturesque setting offers building eligibility, allowing for the construction of a home or expansion of existing structures. Beyond its agricultural potential, the property provides excellent hunting and recreational opportunities. Its prime location near Afton and Red Wing suggests significant future development potential. The property's strategic location and productive farmland make it an attractive long-term investment. Annual real estate taxes are $2,308. This is an ideal property for farmers, investors, or anyone seeking a rural retreat with significant upside. The zip code is 55001. The property is located at the intersection of Highway 19 and is easily accessible. This is a rare opportunity to acquire a substantial parcel of land with diverse uses in a 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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.