Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Productive Farmland Near Kimball, Nebraska Title is generated by Realmo AI

    TBD Road 7W, Kimball, NE 69128

    View on Map
    Claim this Listing
    For Sale
    $269,000

    Vacant Land - Kimball, NE

    Lot size:
    309.00 Acres
    Added:
    Jun 9, 2025
    Days on Market:
    364
    Last Refresh:
    Jun 7 at 8:06 pm

    Property Features for TBD Road 7W

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Daniel Hunning

    Listing agent Daniel Hunning

    Listing office Great Plains Land Co. 501 N. Walker Ave., Suite 100, Oklahoma City, NE

    Listing date Jun 9, 2025

    MLS# 11515044 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

    • Productive farmland with annual income potential from existing crop‑share lease.
    • Excellent accessibility with County Road frontage on 3 sides and proximity to I‑80 (4 miles).
    • Potential building site with nearby power for rural living and passive income.
    • Mostly Class III soils suitable for cropland (Rosebud‑Tassel Sandy Loams & Rosebud‑Blanche Complex).
    • Hunting opportunities for deer, antelope, and small game.
    • Low property taxes and additional acreage potentially available nearby.

    Overview

    This productive tract of farmland is ready for a farmer looking to expand their operation or an investor seeking to grow their portfolio. The property is located 4 miles south of I-80 and features county road frontage on three sides, providing easy year-round access. Power is located nearby, making the parcel suitable as a building site for those seeking acreage and passive income away from the city. The majority of the parcel is currently in crop production, generating annual income under a verbal 1/3 owner, 2/3 tenant crop-share lease and is subject to tenant rights. The soils are mostly Rosebud-Tassel Sandy Loams 0-3 Percent Slope (Class 3E) & Rosebud-Blanche Complex 1-3 Percent Slope (Class 3E). The property includes Wheat Base Acres with a PLC Yield of 29 Bushel. Hunting opportunities are available for deer, antelope, and small game. The property is located 6 miles from Pine Bluffs, Wyoming; 8 miles from Bushnell, Nebraska; 17 miles from Kimball, Nebraska; 44 miles from Cheyenne, Wyoming; 61 miles from Greeley, Colorado; 72 miles from Fort Collins Colorado; and 110 miles from Denver, Colorado. The property consists of tillable cropland, pasture/native grass, and offers recreational opportunities. Additional acreage is available nearby. The legal description is W2 SEC4-T13N-48W. The cropland features mostly Class III Soils. Property taxes are low.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Kimball
    County
    Kimball
    State
    Nebraska
    Longitude
    -103.923
    Latitude
    41.1948

    Nearby Similar for Sale

    • $696,000

      Commercial Land in Kimball, NE

      Commercial land for sale in Kimball, Nebraska, near I-80.
      OAK STREET, kimball, NE 69145
      View Details
    • $450,000

      Turn-Key Restaurant, Lounge, and Event Center

      Premier Kimball, Nebraska restaurant, lounge, gaming, and event center.
      615 E 3RD STREET, Kimball, NE 69145
      View Details
    • $850,000

      Profitable Gas Station & Convenience

      Gas station and convenience store with high income potential.
      1700 S HIGHWAY 71, Kimball, NE 69145
      View Details
    • $449,500
      1,556 SF

      Farm/Estate with Historic Homestead

      Restored farm estate featuring a modernized historic homestead.
      1645 S Highway 71, Kimball, NE 69145
      View Details
    • $650,000

      Profitable RV Park with Storage

      RV park with storage, laundry, and expansion potential.
      1508 S HIGHWAY 71, KIMBAL, NE 69145
      View Details
    • $565,000
      1,288 SF

      Equestrian Property with Roping Arena

      7.46-acre property equipped for horses and self-sufficient living.
      3716 Longhorn Rd, Kimball, NE 69145
      View Details
    • $195,000

      Profitable Duplex in Kimball, Nebraska

      Turnkey duplex with immediate income and excellent return on investment.
      121 ELM CREEK STREET, Kimball, NE 69145
      View Details
    • $371,000

      Commercial Land Near I-80 Exit

      2.46 acres of commercial land visible from I-80.
      CR 32, Kimball, NE 69145
      View Details
    • $20,000
      9,937 SF

      Residential Lot in Kimball, NE

      9,937 sq ft lot suitable for new home construction.
      TBD E FRONT STREET, Kimball, NE 69145
      View Details
    • $475,000
      1,394 SF

      Ranch Style Home with Views

      Energy-efficient ranch home on 4.96 acres with outbuildings.
      3726 Longhorn Road, Kimball, NE 69145
      View Details
    • $389,000

      313 Acres Farm/Ranch in Kimball

      313-acre farm/ranch with CRP income potential near Kimball, Nebraska.
      TBD N ROAD 48, Kimball, NE 69145
      View Details
    • $115,000

      Multi-Unit Commercial Building with Living

      Commercial building with units and single-wide living space.
      303 E 3RD STREET, Kimall, NE 69145
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 309 acres of farmland with easy access and income.
    Where is this agricultural land / farmland located?
    The property is located at TBD Road 7W Kimball, NE.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: Productive farmland with annual income potential from existing crop‑share lease.; Excellent accessibility with County Road frontage on 3 sides and proximity to I‑80 (4 miles).; Potential building site with nearby power for rural living and passive income.
    (405) 623-1591
    We can help!
    Listing Contact
    Daniel Hunning
    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
    TBD Road 7W, Kimball, NE 69128
    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!