12414 County Hwy 24, Blooming Prairie, MN 55917 - Steele County

PROPERTY DESCRIPTION

LandProz is pleased to present the Thimsen Farm property in Steele County, MN. This impressive 80 +/- acre property in southeastern Minnesota offers a rare opportunity to own productive farmland with outstanding income potential. Of the total acreage, approximately 75 +/- acres are tillable, boasting a CPI of 67.8. The land is primarily cropland, featuring well-designed drainage ditches that provide an effective outlet for water management, supporting consistent productivity and reliable yields.

Perfectly located just south of Owatonna and west of Blooming Prairie, this tract combines agricultural strength with exceptional accessibility. The property has excellent road frontage along a well-maintained blacktop road, ensuring convenient field access for equipment and ease of operation.

Adding to its investment appeal, the property includes a windmill lease that generates $15,800 in annual payments, with a 3% annual escalator that guarantees steady income growth year after year. In addition, the cropland is currently leased, contributing to a combined annual income of approximately $34,750, offering an exceptional cash-flowing investment. The cropland will be open to farm or lease in 2026, giving future owners flexibility to operate or renegotiate terms to maximize returns.

This property represents an outstanding opportunity for both farmers and investors seeking stable returns, long-term appreciation, and a well-located piece of Minnesota farmland. With strong soils, reliable drainage, and substantial wind lease income, this is a premium agricultural investment that delivers both productivity and profitability. Dont miss your chance to own a top-quality tract with proven income and lasting value.

Please contact LandProz Broker Brian Haugen at 507-208-0791 or LandProz Agent Kelly Bolin at 651-380-2857 for more information regarding this property.

PROPERTY FEATURES

80 +/- Deeded acres

75 +/- Tillable acres

CPI of 67.8

Majority farmland with drainage ditches for outlet

Located in Southeastern MN

Excellent location south of Owatonna, west of Blooming Prairie, MN

Windmill with payments of $7,900.00 annually

Windmill contract has annual escalator of 2.5%

Cropland is open to farm or lease in 2026

Great access

Excellent investment in farmland with large annual wind payments

Over $26,850.00 in current annual income with wind and cropland lease

Real Estate Taxes: $4,360