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    11-24-38 S/2, Unit 7 Lakin, KS 67860

    For Sale
    $724,500

    LAND - Lakin, KS

    Lot size:
    320.00 Acres
    Days on Market:
    248
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 11-24-38 S/2

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Lot size
    320.00 Acres

    ARC Real Estate, Inc. (620) 275-8200 [email protected]

    Listing agent Jon Fort (620) 275-8200 License #BR00030215

    Listing date Apr 2, 2025

    Copyright © 2025 Garden City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dryland Farm in Lakin, Kansas

    This property consists of a rolling half section of dryland. Currently, 157 acres are planted with growing wheat. The property is located near Lakin, Kansas, in Kearny County. The total lot size is 320 acres.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Lakin
    County
    Kearny
    State
    Kansas
    Longitude
    -101.466416
    Latitude
    37.97354122

    FAQs

    What type of property is this?
    Farm - Half section of dryland with growing wheat near Lakin.
    Where is this farm located?
    The property is located at 11-24-38 S/2, Unit 7 Lakin, KS.
    What is the asking price?
    The asking price for this property is $724,500.
    What are key features of this property?
    This property features: - Half section of land, offering great agricultural potential.; - 157 acres of growing wheat included.; - Dryland property.
    (620) 275-8200
    Request Owner's contact information
    11-24-38 S/2, Unit 7 Lakin, KS 67860
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    Lakin, KS 67860
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    Realmo Value Estimation

    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.

    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.

    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
    11-24-38 S/2, Unit 7 Lakin, KS 67860
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