228.9+/- Acres Wabasha County, MN

$2,999,000
Under Contract

Property Details

ID: 88711
Status: Under Contract
Price: $2,999,000
Acres: 228.9
Price Per Acre: $13,102
Type: Undeveloped Land
Address: TBD 75th St
Address 2: 315th Ave
City, State: Elgin, Minnesota
County: Wabasha
Zip Code: 55932

Description

These farms represent a combined 228.9± acres and are being sold as 2 separate tracts. They come with an impressive CPI average of 95 on 214.8± tillable acres. Both tracts are highly productive, and have great access. This is very sought-after land in Wabasha County that does not come on the market often, so don’t miss your chance to own these A+ farms for your portfolio. These properties would make for great 1031 exchanges or for anyone looking for the stability of land as an investment or to expand operations of an existing grower. As an added benefit, each parcel is considered buildable from the County (buyer encouraged to independently verify).

Tract 1 Description: $999,500.00
The West parcel is 75± acres and is comprised of 68.2± tillable acres with an impressive 94.4 CPI. Land in this part of the state is highly sought after and seldom comes available with such quality and placement. Don’t miss the chance to own one or both of these highly desirable parcels for your portfolio or operations.

Tract 2 Description: $1,999,500.00
The East parcel is 153.9± acres and is comprised of 146.6± tillable acres with an impressive 95.3 CPI. Land in this part of the state is highly sought after and seldom comes available with such quality and placement. Don’t miss the chance to own one or both of these highly desirable parcels for your portfolio or operations.

Property Address:
TBD 75th Street & 315th Ave, Elgin, MN 55932 – in Sections 31 & 32, respectively, of Elgin Township

Property Features:

-Very Strong CPI’s

-Easy access

-Close proximity to local grain markets

-Commands strong rents

-Sellers prefer to close in January 2026

Directions: From Elgin, head west on County Road #25 for 5 miles. Turn left (south) onto 80th Avenue and continue for 2 miles. The West parcel will be on the left (east) side of the road. To reach the next parcel from there, go east on 75th Street for 1 mile. Then turn left (north) onto 315th Avenue—the parcel will be on the right (east) side.

Troy Stafford
Troy Stafford
Land Specialist
Licensed in IA, MN
(507) 259-3047

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Troy Stafford
Land Specialist
Licensed in IA, MN
(507) 259-3047
Co Representative(s)
Dave Walch
High Point Land Company
Ask Troy About This Property

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