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    56 Tbd 200.8 Acres State Hwy Le Roy, MN 55951

    • Land
    • 200.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 56 Tbd 200.8 Acres State Hwy

    Lot size
    200.80 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 200.8-acre property in Le Roy, Minnesota, presents a unique investment opportunity. Located conveniently near State Highway 56, the land boasts 150.58 acres of tillable farmland ideal for cultivation, complemented by 50.22 acres of wooded land offering recreational possibilities. The soil is known for its richness, promising abundant yields, and the area benefits from a favorable climate for agriculture. The property's agricultural zoning allows for various farming operations. Natural gas is available, enhancing operational efficiency. Its proximity to grain markets and two neighboring properties currently listed for sale (MLS numbers 6461664 and 6461754) provides additional investment potential. The average corn productivity index (CPI) is 68.7. This versatile property is suitable for farmers, investors, or anyone seeking a blend of agricultural productivity and recreational space. The property's APN is 090300012, and the zip code is 55951. This is a rare opportunity to acquire a substantial land holding in a desirable agricultural region. The asking price is $1,550,176.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Le Roy
    County
    Mower
    State
    Minnesota
    Longitude
    -92.519
    Latitude
    43.5177

    Comparable in this City

    • Value Estimation by Request
      153.11 Acres

      56 Tbd State Hwy

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      50.00 Acres

      74182 115Th St

      Farms • 50.00 Acres
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      1,728 SF

      11080 State Hwy 63

      COMMERCIAL (GENERAL) • 1,728 SF
      11080 State Hwy 63, Le Roy, MN 55951-9611
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      0.11 Acres

      Main W St

      COMMERCIAL (GENERAL) • 0.11 Acres
      Main W St, Le Roy, MN 55951
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    • Value Estimation
      $205,000
      6,000 SF

      76213 105th St

      COMMERCIAL (GENERAL) • 6,000 SF
      76213 105th St, Le Roy, MN 55951-6637
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    • Value Estimation
      $200,000
      3,240 SF

      120 Main St

      COMMERCIAL (GENERAL) • 3,240 SF
      120 Main St, Le Roy, MN 55951-1251
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    56 Tbd 200.8 Acres State Hwy
    Le Roy, MN 55951
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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
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