80+/- Acres Pipestone County, MN

$1,500,000
Under Contract

Property Details

ID: 81483
Status: Under Contract
Price: $1,500,000
Acres: 80
Price Per Acre: $18,750
Type: Farms
Address: 000 County Rd 16
City, State: Edgerton, Minnesota
County: Pipestone
Zip Code: 56128

Description

Prime Renewable Energy & Agricultural Investment Opportunity – 80 Acres +/- – Pipestone County, MN

This exceptional 80-acre property offers a unique blend of productive agricultural land and established renewable energy infrastructure, making it a rare investment opportunity.

Key Features:

  • Active Solar Farm: Located on the Eastern portion of the property, the solar farm is generating steady income with solar lease payments of $800 per acre, including an escalation clause for future increases.
  • Income Producing Wind Turbine (Owned): The property features a 2 MW Dewind Wind Turbine, established in 2008, with a Power Purchase Agreement in place with Excel Energy. Over the past five years, the wind turbine has generated an average gross revenue of $193,213.20 annually. The ownership of the wind turbine will transfer with the sale of the property.
  • High-Quality Tillable Farmland: This property features 45.33 +/- acres of prime tillable farmland, boasting an impressive 92 CPI (Corn Productivity Index), ensuring excellent crop yields. The farmland generates $5,850 in gross annual revenue.

Do not miss out on the opportunity to acquire this very unique income producing property!

More information available upon request

Contact Sean Haberman @ 507-360-6575 or Email @ sean@highpointlandcompany.com

Property Address: 000 County Road 16, Edgerton, MN 56128

Property Features:

  • Active Solar Farm
  • Owned Wind Turbine
  • 44.33 +/- Tillable Acres
  • 92 CPI
  • On Hard Surfaced Road

Directions:

From Hatfield, MN, head South on County Road 16 for 3 miles, Property is on the West side of the road.

Additional Details

Additional Info

Improvements: Other
Sean Haberman
Sean Haberman
Land Specialist
Licensed in IA, MN
(507) 360-6575

Ask Sean a Question

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# Payment Interest Principle Balance

Contact An Agent

Sean Haberman
Land Specialist
Licensed in IA, MN
(507) 360-6575
Ask Sean About This Property

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