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County Road 84, Kellogg, MN, 55945

--beds
0baths
--sqft
$849,450
--price/sqft
$8,194/moest. monthly cost
$327,760/yrincome needed

About This Home

Here is a chance to own 1 of 3 lucrative mining pits that have been owned and operated by the same family for 3 generations since 1937. The owners have adhered to rigorous safety protocols by virtue to ongoing training resulting in an impeccable safety record. Included for each of these turn-key locations are the permits and approvals necessary to continuing operations on day one of ownership. The third generation owners are retiring and as part of the sale, the equipment may be negotiated for an additional price for the successful buyer of the respective locations. These mines would make for a great opportunity for a local quarry operator, excavator, developer, concrete producer or for anyone looking for the stability of a steady income stream. Third party independent aggregate resource reports available for each of the respective locations. These reports were conducted utilizing geological and geotechnical resource estimates for both quantities and product type available based on site borings. Said reports are available upon request with an appropriate NDA execution. Furthermore, the local power cooperative has just executed a 30 month lease for $4000/month to utilize this pit as a staging area and this lease agreement transfers seamlessly to the buyer. Importantly, this incremental revenue stream does not affect day to day operations or functional integrity of the property. For more information on this tremendous opportunity, please contact at (email: or at (email: . Property Address: TBD County Rd 84, Kellogg, MN 55945 (north of 63422 County Rd 84) Property Features: Active mining permits and approvals necessary for day one operations 11.3+/- acres with abundant reserves for decades to come Processed inventory on site Quality products sourced through the quarry Reputation for providing outstanding service and product value Equipment for operations available for purchase as negotiated in addition Income producing out of the gate, supplemented with a steady lease payment Additional properties available in Kellogg, MN and Elgin, MN as seen in map

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

8/10
Wabasha-Kellogg SecondaryGrades 7-123.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 11.30 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Landslide
Winter Weather

FEMA Declared Disasters in Wabasha County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,295$51,540
Home Insurance *$3,057$36,684
Property Taxes $672$8,064
Electricity $170$2,050
Total$8,194$98,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$280,937/yr
40% on housing$245,820/yr
45% on housing$218,506/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 55945$215
Wabasha County$255

vs Homes Sold Last Month

Median $/sqft

ZIP 55945$33
Wabasha County$162

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-09-11Price change$1,769,000
2025-09-11Listed for sale$849,450

For Sale by Agent

AgentTroy Stafford
BrokerageHigh Point Land Company

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