80 +/- Acres- Pipestone County, MN

Description

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 ± 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

Directions:

From Hatfield, MN drive South on CR 16, drive for 3 miles and property will be on the West side of road.