Rice Farmland in Minnesota

Rice farmland in Minnesota for a Over 1,000 Acres parcel costs approximately $9,129 per acre, with a total investment of $18,258,000. The estimated annual ROI is 3.5% with cash rent of $365 per acre.

Minnesota has 68,000 farms with an average size of 379 acres. Farmland prices average $6,500 per acre statewide, with 3.8% year-over-year appreciation. Cash receipts total $18.9B annually.

The estimated annual ROI is 3.5% for a Over 1,000 Acres parcel, generating $630,000 in annual income ($315 per acre). The 5-year appreciation estimate is 1871.0%.