Savvy Avenue
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No HOA
Street View
$1,600,000
Monthly Est:$7,964
-- Bed
-- Bath
148.34acres lot
Tbd 540th Avenue, Wells, MN 56097
$1,600,000
$7,964/moEst:
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Land
Built in -
$-- HOA
148.34 acres lot
$10,786/acre
Description
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
- Houzeo last checked: 12 hours ago
- Listing updated: October 9, 2026 at 2:59 pm
- Listing Provided by: Andrew Larson (507) 382-1416 | Weiss Realty LLC (715) 672-4444
- Source: Northstar MLS-MN | MLS#: 7154649
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
148.34 acres lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7154649
Days on Market
21
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Utilities
None Connected, Other Available
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Listed for Sale | $1,600,000 $0/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 23, 2026, 01:31PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
