Listed by Peoples Company
$925,000
6754 590th Avenue
Details
APN 11.002.0300
Property Type Land
Sub Type Commercial
Acreage 80.390
Zoning Agricultural
Land | 80.39 acres
Marketing description
Faribault County, Minnesota Farmland Auction! – Mark your calendar for Tuesday, December 2, 2025 at 10:00 AM (CST). Peoples Company is honored to present this 80.39 acres M/L of prime farmland in Faribault County, Minnesota.
If you're looking to invest in high-quality, income-producing farmland, this 80.39 acre tract just south of Walters, Minnesota, deserves your full attention. Farms like this don’t come around often.
Located in the heart of Faribault County, this farm boasts approximately 77.89 tillable acres M/L, carrying a Productivity Index (PI) of 86.2. The soils—Delft clay loam, Canisteo clay loam, Biscay clay loam, Clarion-Swanlake and Clarion-Storden complexes, and Grogan silt loam—are well-suited for long-term row crop production, offering both fertility and consistency year after year.
What makes this opportunity even more attractive is the flexibility it offers. The current landowner is willing to lease the property back making this an ideal situation for investors seeking reliable rental income with a built-in tenant who knows and respects the land.
The seller is open to renting the land back on a 3 year lease. Call the agents to discuss potential lease terms and conditions.
The seller will have a manure easement on property, giving the seller the right to apply manure to the property in the future.
The seller has applied fall chemical and fertilizer to the land in preparation for the 2026 crop year. If the seller is not the operator/renter of the land for the 2026 crop year, the seller will be reimbursed by the buyer for the cost of the chemicals and fertilizer that were applied. The seller will provide receipts.
The seller has removed the farmstead buildings and trees that appear on some of the maps to increase the estimated number of tillable acres to 77.89 M/L.
There is a ditch on the west and south sides of the property to provide easy drainage.
Whether you're looking to expand your operation or add a premium farm to your investment portfolio, this parcel checks all the right boxes: productive soils, a clean layout, and excellent access in a proven farming area.
Open up the Peoples Company auction you are interested in at PeoplesCompany.com. Click on any of the bid now icons within that auction. This will take you to our Online Bidding platform. Find the auction you wish to participate in and select it. To participate in that auction click register to bid. From there you will need to create a bidder account. Once that is created you can bid on any of our Online Auctions.
If you have any questions about the property or the auction process please contact: Lindsey Brown at 701-371-5538 or [email protected] or Tim Gangl at 507-254-1976 or [email protected].
From Walters, MN at the intersection of 600th Ave and E 2nd St, drive south on 600th Ave for 1.4 miles to 70th St, then turn right and drive west on 70th St. for 1 mile to 590th Ave. This will put you at the NW corner of the property.
This land does have drain tile but it is not pattern tiled. There are tile maps in the attachments.
The seller will have a manure easement on the property, which will give the seller the right to apply manure to the property in the future.
Investment highlights
- Sign On Property: Yes
- Parcel Number: 11.002.0300
- School District: United South Central
- General Area: Walters, MN
- Soil Productivity: 86.2
- Zoning: Agricultural
Listing Contacts
Listed by Peoples Company
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