
Agricultural Land for Sale in Owatonna, Minnesota
Steele County, Owatonna, MN 55060
Steele County MN Farmland for Sale | 155.4 Acres of Highly Productive Tiled Cropland | Near Claremont Ethanol Plant
Prime income-producing farmland with exceptional soil quality, extensive drainage infrastructure, and strong local grain marketing advantages. This 155.4-acre farm is located in Aurora Township, Steele County, Minnesota, and represents a rare opportunity to acquire highly productive cropland in one of the Midwest's most desirable agricultural regions.
Owned and carefully maintained by the same family for more than 55 years, the property reflects decades of stewardship and investment. With premium soils, comprehensive drainage improvements, and excellent access to local grain markets, this farm offers immediate income potential and long-term investment value.
Agricultural Productivity & Drainage Improvements
Featuring an outstanding weighted average Crop Productivity Index (CPI) of 91.4, this farm ranks among the highest-quality agricultural land in the area. Major soil types include Webster clay loam, Glencoe clay loam, Nicollet clay loam, and Clarion loams—highly regarded southern Minnesota soils known for strong yields and long-term productivity.
The property benefits from an extensive drainage tile system designed to maximize field performance and reliability. Historical drainage records from Hodgman Drainage Company document thousands of feet of 4-inch, 5-inch, and 6-inch tile lines installed throughout the farm. These improvements help manage naturally heavier soils, increase usable acreage, and support consistent crop production.
Property highlights include:
- Weighted average CPI of 91.4
- Extensive drainage tile infrastructure with maps available
- Webster, Glencoe, Nicollet, and Clarion soil types
- Gently rolling to level terrain suitable for modern equipment
- Minimal wetlands, with approximately 1.34 acres identified by NWI
- Excellent tillable acreage and field efficiency
Income Potential & Investment Value
Quality tiled farmland in Steele County remains in high demand among local operators and investors. Based on current market conditions, the property offers estimated cash rent potential of approximately $300 per acre, supporting projected annual gross income of more than $46,500.
This combination of premium soils, drainage improvements, and strong rental demand creates an attractive opportunity for investors seeking stable agricultural returns while benefiting from long-term land appreciation.
Strategic Location Near Grain Markets
Located near the Al-Corn Clean Fuel ethanol plant in Claremont, Minnesota, the farm offers excellent access to local grain buyers and marketing opportunities. Shorter hauling distances can reduce transportation costs and improve operational efficiency for producers and tenants alike.
Its location in south-central Minnesota places the property within one of America's most productive and reliable farming regions, known for strong yields, established agricultural infrastructure, and long-term land value appreciation.
Why This Property Stands Out
- 155.4 contiguous acres of highly productive farmland
- Outstanding weighted average CPI of 91.4
- Extensive drainage tile improvements already in place
- Estimated annual gross rental income exceeding $46,500
- Long-term family ownership spanning more than 55 years
- Convenient access to the Claremont ethanol plant and grain markets
- Strong fit for investors, farm operators, and 1031 exchange buyers
- Premium south-central Minnesota location with proven agricultural performance
- Detailed soil maps, topography reports, and tile plans available
Whether you are expanding your farming operation, completing a 1031 tax-deferred exchange, or seeking a low-management agricultural investment, this Steele County farm offers proven productivity, reliable income potential, and long-term appreciation opportunities in a premier farming region.
Aurora Township, Steele County, Minnesota. Serious inquiries only. Detailed soil reports, topography data, aerial imagery, and full drainage tile documentation are available upon request.
Location
- County
- Steele County
- Zip code
- 55060
- Elevation
- 1,248 feet
Property details
- Acreage
- 155.39 acres
- Posted
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 12, 2026 | New listing | $1,942,375 | — | Listing agent |















































