Welcome to an outstanding agricultural investment opportunity in scenic Mower County, Southern Minnesota. This 123-acre farm near Leroy features highly productive tillable ground with an average Crop Productivity Index (CPI) of 68.7, complemented by mature hardwoods offering additional value and versatility.
Located just off Highway 56 and minutes from major grain markets, this property is ideally positioned for both profitability and access. The current market rate for tillable land in the area exceeds $305 per acre annually in cash rent, making this a strong income-producing asset.
Highlights include:
Ideal for corn and soybean production
Mature timber with exceptional whitetail hunting opportunities
Several prime building sites nestled among the woods
A flowing sand-bottom creek that traverses the property and connects to the Upper Iowa River, just across the highway.
Whether you're a seasoned farmer, a savvy investor, or an outdoor enthusiast looking for the perfect mix of agriculture and recreation, this property checks all the boxes.
Don’t miss your chance to own this premier tract in the heart of Southern Minnesota farm country!
Active with contingency
$900,000
Highway 56, Le Roy, MN 55951
--beds
--baths
195.27Acres
Unimproved Land
Built in ----
195.27 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mature hardwoodsMature timberHighly productive tillable ground
- 24 days |
- 140 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Mark Nelson 651-983-7598,
Timber Ghost Realty, LLC,
Jim Nelson 651-468-5965
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7092026
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Fencing: Wire
- Waterfront features: Creek/Stream, Waterfront Elevation(4-10)
- Frontage length: Water Frontage: 3000
Lot
- Size: 195.27 Acres
- Dimensions: 1 x 1
- Topography: Rolling
Details
- Additional parcels included: 0903000012
- Parcel number: 090300013
- Zoning description: Agriculture
- Wooded area: 1960200
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, None Connected
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Le Roy
Financial & listing details
- Annual tax amount: $6,884
- Date on market: 6/12/2026
- Inclusions: Easements
Estimated market value
Not available
Estimated sales range
Not available
$1,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $900,000-33.3% |
Source: | ||
| 6/2/2026 | Listing removed | $1,349,000 |
Source: | ||
| 6/4/2025 | Listed for sale | $1,349,000+3754.3% |
Source: | ||
| 7/29/2011 | Sold | $35,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55951
Nearby schools
GreatSchools rating
- 4/10Leroy Elementary SchoolGrades: PK-6Distance: 2.5 mi
- 5/10Leroy SecondaryGrades: 6-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Mower County
- Le Roy
- 55951
- Highway 56


