23710 State Highway 55, Loretto, MN 55357
FOR SALE
74 ACRES

23710 State Highway 55
Loretto, MN 55357

    $1,825,000

    Est. Mortgage $11,053/mo*

    $1,825,000

    Est. Mortgage $11,053/mo*
    (on 74 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Old World Charm Meets New World Tech! Long term lease in place with Solar company on back 40 acres until fall of 2042. There is the possibility for 2, 5-year extensions to the lease term. Generous annual lease payment. 25 tillable acres, outbuildings and lovely 3 Bedroom 1 1/2 Bath Ranch style home all can provide additional rental income. Home business opportunity for construction company needing extra space? Solid 2 story barn could make wonderful destination event center.

    Home Highlights

    Parking
    Garage
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    43 days ago

    Home Details for 23710 State Highway 55

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected
    Gas & Electric
    Electric: Power Company: Xcel EnergyHas Electric on Property
    View
    No View

    Exterior Features

    Exterior Home Features
    Fencing: WoodWooded Area Size: 130680Other Structures: Garage(s), Barn(s), Grain Storage, Shed(s), Pole Building, Silo
    Parking & Garage
    Has a GarageParking: Garage
    Frontage
    Road Frontage: State RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
    Surface & Elevation
    Topography: Gently Rolling, High Ground, Solar Oriented

    Days on Market

    Days on Market: 43

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: Easements, For Sale SignParcel Number: 3111923320001

    Price & Status

    Price
    List Price: $1,825,000

    Location

    Direction & Address
    City: Corcoran
    School Information
    High School District: Delano

    Agent Information

    Listing Agent
    Listing ID: 7046548

    Community

    Community Features: No

    HOA

    No HOAHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 74 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 7046548

    Additional Information

    No
    Last check for updates: about 17 hours ago
    Listing courtesy of Sue M Roskowiak, (612) 414-4705
    Coldwell Banker Realty

    Market trends in Corcoran

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    47
    4
    MoM

    Price History for 23710 State Highway 55

    DatePriceEventSource
    04/30/2026$1,825,000Listed For SaleNorthstarMLS as distributed by MLS GRID #7046586
    06/01/2016$1,600,000ListingRemovedAgent Provided
    03/05/2015$1,600,000Listed For SaleAgent Provided
    09/24/2013$1,200,000ListingRemovedAgent Provided
    09/17/2013$1,200,000Listed For SaleAgent Provided
    04/11/2005$4,100,000Sold
    N/A

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    Property Tax and Assessment

    Year2025
    Tax$26,616
    Assessment$1,847,500
    Home facts updated by county records

    Comparable Sales for 23710 State Highway 55

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.02
    Lot/Land
    $82,500
    01/21/26
    -
    -
    1.48
    Lot/Land
    $515,000
    05/11/26
    -
    -
    1.55
    Lot/Land
    $247,500
    04/29/26
    -
    -
    2.67
    Lot/Land
    $1,350,000
    01/06/26
    -
    -
    2.17
    Lot/Land
    $310,000
    08/29/25
    -
    -
    2.71
    Lot/Land
    $1,350,000
    05/08/26
    -
    -
    3.13
    Lot/Land
    $1,199,000
    03/09/26
    -
    -
    3.12
    Lot/Land
    $290,000
    07/03/25
    -
    -
    3.45
    Lot/Land
    $315,000
    05/21/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 23710 State Highway 55.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Corcoran

    At least 7 Trulia users voted on each feature.
    • 100 % Say car is needed

    • 90 % Say parking is easy

    • 89 % Say people would walk alone at night

    • 89 % Say yards are well-kept

    • 88 % Say there's wildlife

    • 78 % Say it's quiet

    • 75 % Say it's dog friendly

    • 67 % Say kids play outside

    • 58 % Say neighbors are friendly

    • 50 % Say there's holiday spirit

    • 43 % Say there are community events

    • 30 % Say they plan to stay for at least 5 years

    • 11 % Say streets are well-lit

    Sourced by Trulia users. Learn more about our methodology.
    • Nicholas Kasper
      "I generally leave my house by 6:30, so my commute is just fine. If I leave later like 7:15 it’s definitely a slower drive"
    • Tami
      "Great place to raise a family, great parks and beautiful lakes nearby! Country living near the city. "

    LGBTQ Local Legal Protections

    Sue M Roskowiak, Coldwell Banker Realty
    Agent Phone: (612) 414-4705
    Based on information submitted to the MLS GRID as of 2026-06-12 10:23:14 PDT. All data is obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website. Click here for more information
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
    23710 State Highway 55, Loretto, MN 55357 is a lot/land. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Apr 30, 2026. The MLS # for this home is MLS# 7046548.