Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    17th Ave McPherson, KS 67460

    View on Map
    Claim this Listing
    For Sale
    $366,400

    LAND - McPherson, KS

    Lot size:
    114.50 Acres
    Added:
    Dec 22, 2025
    Days on Market:
    136
    Last Refresh:
    May 7 at 4:06 pm

    Property Features for 17th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Barbed Wire
    Standard status
    Active
    APN
    0590861400000004000
    Lot size
    114.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Part of the SE/4 14-18-3, McPherson County, Kansas.
    Tax Annual Amount
    304

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Chris Rost

    Listing agent Chris Rost

    Listing office Coldwell Banker Antrim Piper Wenger REALTORS 631 E Crawford St, KS

    Listing date Dec 22, 2025

    MLS# 53916 Listing URL

    Copyright © 2026 Mid-Kansas 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

    • 114.5 acres +/- of native grass pasture.
    • Great location Northeast of McPherson on 17th Avenue.
    • Potential for a rural home site.
    • Three ponds on the property.
    • Electricity available.
    • Barbed wire fencing.

    Overview

    McPherson Pasture Land For Sale

    This property features approximately 114.5 acres of native grass pasture, situated northeast of McPherson, Kansas, along 17th Avenue. The land includes three ponds and tree cover located between two of the ponds. This acreage is suitable as additional grazing land or a rural home site. Possession is available at closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    McPherson
    County
    McPherson
    State
    Kansas
    Longitude
    -97.6699713
    Latitude
    38.3722168

    Nearby Similar for Sale

    • $1,100,000

      Established Dog Daycare Facility

      Turnkey dog daycare, boarding, and grooming facility with retail potential.
      911 W 1st St, McPherson, KS 67460
      View Details
    • $150,000
      1,584 SF

      Charming Duplex with 1930s Features

      Duplex with new HVAC, paint, hardwood floors, great location.
      608-610 S Maple St, McPherson, KS 67460
      View Details
    • $328,500

      Commercial Property on Highway 81

      High-visibility commercial property with retail, shop, and storage spaces.
      429 N Hwy 81 Bypass, McPherson, KS 67460
      View Details
    • $269,900

      Established Cafe in Downtown McPherson

      Turnkey breakfast and lunch cafe with loyal customer base.
      204 S Main St, McPherson, KS 67460
      View Details
    • $260,000

      Rolling Kansas Prairie Land

      40 acres near McPherson, KS with stocked pond.
      18th Ave, McPherson, KS 67460
      View Details
    • $220,000

      40 Acres of Land

      40 acres between Lindsborg & McPherson, perfect for recreation.
      Quivira Rd, McPherson, KS 67460
      View Details
    • $34,500

      Residential Land in McPherson, Kansas

      Land available for custom home in McPherson, Kansas.
      1431 Curtiss Dr, McPherson, KS 67460
      View Details
    • $34,500

      Residential Land in McPherson, Kansas

      Residential land available for custom home in McPherson, Kansas.
      1407 Curtiss Dr, McPherson, KS 67460
      View Details
    • $34,500

      Residential Land in McPherson, Kansas

      Residential land available for custom home in McPherson, Kansas.
      1413 Curtiss Dr, McPherson, KS 67460
      View Details
    • $34,500

      Residential Land in McPherson, KS

      Land available for custom home in McPherson, Kansas.
      1419 Curtiss Dr, McPherson, KS 67460
      View Details
    • $34,500

      Residential Land in McPherson, Kansas

      Residential land available for custom home in McPherson, Kansas.
      1425 Curtiss Dr, McPherson, KS 67460
      View Details
    • $95,000

      Residential Land in 55+ Community

      Land for sale in McPherson, Kansas, 55+ community.
      920 Veranda Cir, McPherson, KS 67460
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 114.5 acres of native grass pasture near McPherson, Kansas.
    Where is this agricultural land / farmland located?
    The property is located at 17th Ave McPherson, KS.
    What is the asking price?
    The asking price for this property is $366,400.
    What are key features of this property?
    This property features: 114.5 acres +/- of native grass pasture.; Great location Northeast of McPherson on 17th Avenue.; Potential for a rural home site.
    (785) 493-2476
    We can help!
    Listing Contact
    Chris Rost
    Learn More
    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
    17th Ave, McPherson, KS 67460
    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!