Preston, MN 55965 - Fillmore County

Presenting an outstanding 147.19 +/- acres of tillable productive farm located off County Road 19, just South of Lanesboro, MN, and north of Harmony, in one of Southeast Minnesotas most prestigious and highly desirable areas. The entire farm was 256 total acres, if interested in both, the homesite, pasture and more tillable is a separate listing [#2779] that is approximately 107 +/- acres [subject to split and survey]. This property is a rare find, boasting a CPI exceeding 85, ensuring exceptional soil quality and productivity across its approximately 147.19 +/- acres of tillable, highly fertile farmland.

This farm offers a proven track record of profitability, with past rental rates reaching an impressive $300 per acre. As of 2025, there is no written contract in place, and the current renter has expressed a strong interest in continuing to lease the land, providing immediate income potential for the new owner. Whether youre an investor seeking a reliable revenue stream or a farmer looking to cultivate premium acreage, this property delivers unmatched opportunity.

Nestled in the scenic countryside of Southeast Minnesota, this farm combines agricultural excellence with a prime location along County Road 19, offering both accessibility and the tranquility of rural living. Land of this caliber, with such productivity and rental history, is a rarity in this sought-after regiondont miss your chance to own a cornerstone of the areas farming heritage!

Please contact LandProz Associate Broker & Realtor Jen Busch at 507-923-7657 for more information regarding this property.

PROPERTY FEATURES

147.19 +/- Deeded Acres

147.19 +/- Tillable Acres

CPI of 86.1

Prominent Soil Types: Tama Downs, Chaseburg & Judson

Open 2025 [past renter is interested in still renting]

Great Location

Well maintained & fertile soils

Past rents have been $300 per/acre [tillable]

Field drives off County 19, easement will be offered down driveway at closing, for access South of waterway

Option to purchase the South building site, pasture & tillable land [approximately 87 +/- acres, see listing #2779]

Real Estate taxes $TBD [with split]