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    32846 Block Rd Paola, KS 66071

    View on Map
    Sponsored
    For Sale
    $2,325,000

    COMMERCIAL - Paola, KS

    Property size:
    6,000 SF
    Lot size:
    131.83 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 21 at 2:06 pm

    Property Features for 32846 Block Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    137-36-0-00-00-001.00-0
    Parking features
    Garage
    Interior features
    In-Law Floorplan, Private Restroom
    Size
    6,000 SF
    Lot size
    131.83 Acres

    Utilities

    Utilities
    Water Available

    Building Details

    Year built
    2008
    Building materials
    Brick

    We can help!

    Listing Contact
    The Butler Group
    The Butler Group

    Keller Williams Realty Partners, Inc

    Listing agent The Butler Group

    Listing date Mar 21, 2026

    MLS# 2601113

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Stonehaven Bison Ranch: Private Paradise

    Located in Miami County, this property offers a custom brick home on 131.83 acres. The property, currently an operating ranch, includes a nearly 6000 SF home, a large outbuilding with concrete floors, and infrastructure suitable for ranching, recreation, or business ventures. The land features 3 ponds, 60 acres of hay ground, 60 acres of pasture, and 10 wooded acres, along with a chicken house and raised garden beds. The home's great room includes walls of windows and a 2-story fireplace with a custom mantle. The gourmet kitchen features a butler's pantry, walk-in pantry, center island, baking area, abundant cabinets, and a vaulted dining space. The primary suite includes a fireplace, whirlpool tub, and dual-head shower. The main level also offers a library with a rolling ladder, laundry room, and a second bedroom off the kitchen. The walkout lower level, accessible by two staircases (one with chairlift), includes 3 bedrooms, 2 baths, a family room with fireplace, a gaming area, and a large bar. Outdoor amenities include a composite deck with arbor. Additional features include geothermal heating & cooling, fire sprinklers, a heated 3-car garage, cedar-lined closets, custom cabinets, solid surface countertops, and new carpet and paint. The property is suited for a private estate, working farm, wedding or event venue, winery, or potential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stonehaven Bison Ranch Grocery & Convenience Store

    Suggested Use

    Food Market Grocery & Convenience Store Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paola
    County
    Miami
    State
    Kansas
    Longitude
    -94.813292
    Latitude
    38.53091

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    FAQs

    What type of property is this?
    Ranch - Luxury ranch on 131 acres with limitless potential.
    Where is this ranch located?
    The property is located at 32846 Block Rd Paola, KS.
    What is the asking price?
    The asking price for this property is $2,325,000.
    What are key features of this property?
    This property features: - 131 acres of land suitable for ranching, recreation, or business ventures.; - **Nearly 6000 SF custom brick home with sweeping views.**; - Potential for various uses: private estate, working farm, event venue, winery, or development.
    (913) 685-2326
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    32846 Block Rd Paola, KS 66071
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    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
    32846 Block Rd Paola, KS 66071
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    The Butler Group
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