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Listed by Heather Stewart • Coldwell Banker Plaza Real Estate
$ 349,200
Est. payment | /mo
77.6 Acres Lot
$ 349,200
Est. payment | /mo
77.6 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision None Listed On Tax Record
MLS Listing ID SCK639701
Originating Board sckansas
Annual Tax Amount $546
Tax Year 2023
Lot Size 77.600 Acres
Acres 77.6
Lot Dimensions 77.6
Property Description
Income-Producing Property Discover the exceptional opportunity to own 77.6 acres of versatile, income-producing land situated in the countryside near Wellington Airport. This unique property not only offers the charm of rural living but also provides significant financial benefits through its diverse income streams. Whether you're an investor looking for a robust return or someone dreaming of a country lifestyle with financial benefits, this property has it all. Key Features: ? Royalty Interest (RI) Mineral Rights: The property includes valuable mineral rights, offering an oil production yield of approximately $7,000 to $10,000 annually. Enjoy the steady income from established oil production operations. ? Agricultural Income: With fertile land perfect for crop cultivation, this property generates an additional $4,000 to $5,000 per year from agricultural activities. ? Nature & Wildlife: A creek and draw run through a portion of the land, providing potential for various recreational activities for hunting or wildlife watching. ? Location: Conveniently located near Wellington Airport, this property combines the tranquility of country living with easy access to transportation and town amenities. Investment Potential: This versatile property is an excellent investment opportunity for those seeking to diversify their portfolio with real estate that offers both immediate and long-term financial returns. The combination of oil production and agricultural income ensures a steady revenue stream, making this land a wise choice for investors and landowners alike. Seize this unique opportunity to invest in a property that offers both immediate income and long-term potential. Contact us today to learn more or to schedule a viewing.
Location
State KS
County Sumner
Zoning Agriculture
Direction Hwy 81 & 50th Ave N, W to Ridge, S to Property. Land sits at NW corner of 40th & Ridge.
Interior
Fireplace No
Exterior
Utilities Available Electricity
View Y/N Yes
Present Use Tillable,Other - See Remarks
Street Surface Gravel
Schools
Elementary Schools Eisenhower
Middle Schools Wellington
High Schools Wellington
School District Wellington School District (Usd 353)
Others
Miscellaneous Mineral Rights Included,No Crops Included
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