Take a look at this unique investment opportunity featuring productive agricultural land and renewable energy income in Pipestone County, Minnesota. This property consists of 80 A± acres, including 45.33 tillable acres with an impressive 92 CPI. The primary soil types are Vienna Silty Clay Loam and Kranzburg-Brookings Silty Clay Loam.
In addition to the tillable acres, the property includes 33.774 acres of solar panels that currently generate $800 per acre in annual rental income, with the rent scheduled to increase by $15 per acre each year beginning in 2027.
The property also features a 2.0 MW wind turbine that has proven to be a strong cash-generating asset, with an existing power purchase agreement in place with Xcel Energy.
Opportunities like this are hard to find. Productive farmland combined with established renewable energy income makes this a highly desirable investment property.
Legal Description: N1/2, SE1/4, Section 12, Township 105, Range 45
Township: Elmer
Taxes: $10,066 Annually (Solar company pays for approximatley 50% of property tax
113 days
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Zillow last checked:
Listed by:
Sean Haberman,
Heritage Land & Auction Group/ Real Broker507-360-6575
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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