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    56 Tbd State Hwy Le Roy, MN 55951

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

    Current Use by Public Records

    • Land

    Property Details for 56 Tbd State Hwy

    Lot size
    153.11 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 153.11-acre property in Mower County, Minnesota, presents a unique investment opportunity. Located near Le Roy, MN, and easily accessible from State Highway 56, this land offers a blend of agricultural potential and recreational appeal. The property includes 101.94 acres of highly productive tillable farmland, boasting a Crop Productivity Index (CPI) of 68.3. Currently used for rotating corn and bean crops, this fertile land ensures sustainable farming practices. Adding to its allure, the picturesque Upper Iowa River flows through the property, providing opportunities for fishing and boating. For outdoor enthusiasts, a bike trail conveniently runs along the northern and eastern borders. The property's APN is 090190040, and it's zoned for Agriculture and Lot use. Natural gas is available. This versatile land is ideal for farming, recreation, potential home building, hunting, or simply a sound investment. The asking price is $1,122,340. Don't miss this chance to own a remarkable piece of Minnesota real estate. The property's location offers both privacy and convenient access to nearby amenities.

    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

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      76213 105th St

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      120 Main St

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    56 Tbd 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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