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    1564 N 450th Road Baldwin City, KS 66006

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    Claim this Listing
    New
    For Sale
    $780,000

    LAND - Baldwin City, KS

    Property size:
    1,297 SF
    Lot size:
    29.00 Acres
    Price / SF:
    $601/SF
    Added:
    May 1, 2026
    Days on Market:
    2
    Last Refresh:
    May 2 at 10:06 pm

    Property Features for 1564 N 450th Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG/Res
    Standard status
    Active
    APN
    023-179-29-0-00-00-020.01-0
    Size
    1,297 SF
    Lot size
    29.00 Acres

    Taxes and HOA fees

    Tax Description
    17A 29-14-20 COM SW COR NE 1/4 SD SEC;TH N01 30 54 W ALONG W LINE NE 1/4 SD SEC 1072.07 FT;TH N88 43 20 E 708.27 FT TO PT OF BEG;TH S00 38 49 E 1070.43 FT TO A PT ON S LINE NE 1/4 SD SEC;TH N88 34 55 E ALONG S LINE NE 1/4 SD SEC 406.71 FT;TH N00 38 4 9 W 447.22 FT;TH N88 39 03 E 500.35 FT;TH N02 17 36 W 621.65 FT;TH S88 43 20 W 889.17 FT TO PT OF BEG(AKA RDP2) (700305 SPLIT 2015)
    Tax Annual Amount
    6000

    Utilities

    Sewer type
    Septic Tank
    Water front
    1

    Building Details

    Additional Structures
    Residence

    We can help!

    Listing Contact
    Maggie Stonecipher
    Maggie Stonecipher

    Listing agent Maggie Stonecipher License #SP00234763

    Listing office Keller Williams Realty Partners Inc. 6850 College Blvd., Overland Park, KS

    Listing date May 1, 2026

    MLS# 2617726 Listing URL

    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.

    Overview

    Vinland Valley Farm with Equestrian Facilities

    Located in the Vinland Valley area, this 29+/- acre farm offers self-sufficiency and equestrian facilities. The property, built in 2016, features a passive solar design and self-sustaining infrastructure. The contemporary 1,297 sq ft home includes 3 bedrooms and 2 bathrooms. The open kitchen-dining-family room has large windows and sliding doors that open to a wrap-around patio. A wood-burning stove is located in the great room. The primary suite includes a walk-in closet, which doubles as a safe room, and an ensuite bath. The covered patio is suitable for outdoor dining. A large storm shelter is located just off the patio. Outbuilding #1 is a 48x24 detached garage with a third bay converted into a family room. Outbuilding #2 is a 48x24 horse barn with 3 stalls that open to dry lot paddocks. Outbuilding #3 measures 36x24 and is used for equipment and hay storage. The property includes a large pasture and additional open pasture for hay, which can be fenced for horses or livestock. A 75x165 professionally built fenced outdoor arena is also on the premises. The farm features a diverse orchard with producing apple, pear, peach, plum, and nectarine trees, as well as blackberries, raspberries, and blueberries. Thousands of flower bulbs and peonies provide flowers throughout the growing season. Seller-owned solar panels help power the farm. The property consists of two parcels that may be purchased individually: 12 acres of raw land and a home on 17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin City
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2117259
    Latitude
    38.8051538

    FAQs

    What type of property is this?
    Farm - 29-acre farm with modern home, equestrian facilities, and orchard.
    Where is this farm located?
    The property is located at 1564 N 450th Road Baldwin City, KS.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: Self‑sufficient farm on 29+/- acres with passive solar design and low energy costs.; Equestrian and livestock facilities including a horse barn, paddocks, pasture, and outdoor arena.; Producing orchard with diverse fruit trees and berry bushes, plus extensive flower plantings.
    (913) 908-6992
    We can help!
    Listing Contact
    Maggie Stonecipher
    Maggie Stonecipher
    Real Estate License ID: SP00234763
    Learn More
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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
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    1564 N 450th Road, Baldwin City, KS 66006

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