Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waverly, KS Vacant Land Title is generated by Realmo AI

    000 18th Rd, Waverly, KS 66871

    View on Map
    Claim this Listing
    For Sale
    $335,650

    Vacant Land - Waverly, KS

    Lot size:
    70.00 Acres
    Added:
    Jan 30, 2026
    Days on Market:
    125
    Last Refresh:
    Jun 4 at 2:06 am

    Property Features for 000 18th Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    70.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sam Voss

    Listing agent Sam Voss

    Listing office Heartland Land Company 16762 E 163rd Terrace, Olathe, KS

    Listing date Jan 30, 2026

    MLS# 11687962 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing property: Approximately 50 acres in CRP and filter strip programs generate income through 2030 and 2027 respectively.
    • Excellent Hunting: Located in Kansas Hunting Unit #11, abundant with whitetail deer, turkey, quail, and small game; includes a new Banks Blind and feeder.
    • Ideal Mix of Habitat: Features a blend of CRP grass, timber, and water sources creating natural bedding, travel corridors, and food sources for wildlife.
    • Convenient Location: Approximately 1.5 hours from Kansas City, MO, making it accessible for weekend getaways.
    • Utilities Available: Electricity and rural water are available at the road.
    • Productive Soil: Average NCCPI soil rating of 58.43 indicates solid long‑term productivity potential.

    Overview

    This 70± acre tract in Coffey County, Kansas, features a mix of CRP grass, timber, and water. Approximately 50± acres are enrolled in CRP and filter strip programs, generating income. The CRP ground yields $51 per acre under a contract expiring September 30, 2030. Filter strips contribute $272 annually, with a contract ending September 30, 2027. The average NCCPI soil rating is 58.43. The property is partially fenced and includes a wet-season creek along the south boundary. A new Banks Blind and a new 600 lb Banks feeder are in place, with multiple established stand sites. Trails and internal roads facilitate access. Electricity and rural water are available at the road. Located in Kansas Hunting Unit #11, the land offers opportunities for whitetail deer, turkey, quail, and small game hunting, and has hunting and farming lease potential. It is located approximately 1.5 hours from Kansas City, Missouri; 1 hour from Topeka, Kansas; 45 minutes from Ottawa, Kansas; 1 hour from Emporia, Kansas; and about 4 hours from Linn, Missouri.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Waverly
    County
    Coffey
    State
    Kansas
    Longitude
    -95.646071
    Latitude
    38.288439

    Nearby Similar for Sale

    • $565,000
      3,500 SF

      Waverly, KS Farm and Estate

      Spacious farm with comfortable home, outbuildings, and excellent habitat.
      1744 21st Rd, Waverly, KS 66871
      View Details
    • $720,000

      Waverly, KS - 160 Acre Land

      160 acre property with ponds, creek, and good fencing.
      0000 Planter Rd, Waverly, KS 66871
      View Details
    • $780,000

      Waverly Pasture with Windmill Lease

      120-acre pasture with grazing, recreation, and income potential.
      23rd Rd #East of Planter & 23rd Rd, Waverly, KS 66871
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 70 acre tract with CRP, timber, and water.
    Where is this agricultural land / farmland located?
    The property is located at 000 18th Rd Waverly, KS.
    What is the asking price?
    The asking price for this property is $335,650.
    What are key features of this property?
    This property features: Income‑producing property: Approximately 50 acres in CRP and filter strip programs generate income through 2030 and 2027 respectively.; Excellent Hunting: Located in Kansas Hunting Unit #11, abundant with whitetail deer, turkey, quail, and small game; includes a new Banks Blind and feeder.; Ideal Mix of Habitat: Features a blend of CRP grass, timber, and water sources creating natural bedding, travel corridors, and food sources for wildlife.
    (913) 526-9369
    We can help!
    Listing Contact
    Sam Voss
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    000 18th Rd, Waverly, KS 66871
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!