Highly productive income-producing farm available in Faribault County. Approximately 148 +/- total GIS acres of straight, income producing land that maintains a Productivity Index Rating of 88.3. Much of this property is gently rolling, has a straight layout, and includes a large amount of pattern tiling. This would be an excellent property for someone looking to add to their existing farming operation for the 2027 growing season as the current rent contract expires after 2026 harvest. If you are looking to develop your farming operation, invest back into land as part of a 10-31 tax exchange, or are simply in the market for farmland as a long-term investment, look no further!
*134 +/- FSA tillable acres
*88.3 Productivity Index Rating supporting dependable yields and long-term investment value
*Yearly rent income of $40,000; current rent contract expires after 2026 harvest or 12-31-2026
*Available to be farmed for the 2027 growing season
*Great addition to any farming operation
*Exceptional option to complete a 10-31 tax exchange
*4 miles from Wells and Minnesota Lake
Active
$1,600,000
540th Ave, Wells, MN 56097
--beds
--baths
148.34Acres
Unimproved Land
Built in ----
148.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gently rolling
- 17 days
- 75
- 4
Zillow last checked:
Listing updated:
Listed by:
Andrew Larson 507-382-1416,
Weiss Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7154649
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 148.34 Acres
- Topography: Gently Rolling,Level
Details
- Parcel number: 130240200
- Zoning description: Agriculture
Utilities & green energy
- Utilities for property: None Connected, Other Available
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Wells
Financial & listing details
- Annual tax amount: $4,168
- Date on market: 10/3/2026
- Inclusions: For Sale Sign
- Road surface type: Paved, Unimproved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Listed for sale | $1,600,000 |
Source: | ||
Public tax history
Tax history is unavailable.
