Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    32846 Block Rd Paola, KS 66071

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Luxury ranch on 131 acres with limitless potential.

    Lot size:
    131.83 Acres

    Property Features for 32846 Block Rd

    General Information

    Standard status
    Active
    Lot size
    131.83 Acres

    Building Details

    Year built
    2008

    We can help!

    Listing Contact
    Jennifer Butler
    Source: Crexi

    Listing Agency: Keller Williams Realty Partner Listing Agent: Jennifer Butler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Stonehaven Bison Ranch Estate

    This property offers a custom brick home with nearly 6000 SF of living space, set on 131 acres. The land includes 60 acres of hay ground, 60 acres of pasture, and 10 wooded acres, along with 3 ponds. The property is currently an operating ranch with infrastructure suitable for ranching, recreation, or future business ventures. Potential uses include a private estate, working farm, wedding or event venue, winery, or development opportunity. The home features a great room with a two-story fireplace, a gourmet kitchen with a butler's pantry, walk-in pantry, center island, baking area, and vaulted dining space. The primary suite includes a fireplace, whirlpool tub, and dual-head shower. Additional features include a library with rolling ladder, laundry room, and a second bedroom off the kitchen on the main level. The walkout lower level has 3 bedrooms, 2 baths, a family room with fireplace, a gaming area, and a large bar. There is a composite deck with arbor, geothermal heating & cooling, fire sprinklers, a heated 3-car garage, cedar-lined drawers, custom cabinets, and solid surface countertops. The property also includes a chicken house and raised garden beds. The location offers hunting opportunities for deer, turkey, and doves.
    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
    -94.813286
    Latitude
    38.530903

    Nearby Similar for Sale

    • New
      $325,000
      0.07 Acres

      Paola Restaurant and Building For Sale

      Restaurant and building for sale in the heart of downtown.
      16 W Peoria St, Paola, KS 66071
      View Details
    • New
      $398,000
      8,000 SF

      Brick Building in Paola, Kansas

      All brick building near historic town square with parking.
      120 W Peoria St, Paola, KS 66071
      View Details
    • $160,000
      2,667 SF

      Historic Paola Square Redevelopment Opportunity

      Redevelopment opportunity in historic Paola Square with retail/office/residential potential.
      9 W Wea St, Paola, KS 66071
      View Details
    • New
      $2,325,000
      6,000 SF

      Stonehaven Bison Ranch Estate

      Luxury ranch on 131 acres with limitless potential.
      32846 Block Rd, Paola, KS 66071
      View Details
    • $134,950
      4,000 SF

      Retail and Warehouse Space Available

      Retail space with warehouse and loading dock in Paola, KS.
      3 N Silver St, Paola, KS 66071
      View Details
    • $965,000
      1.50 Acres

      Industrial Warehouse Near Spring Hill

      17,000 sq ft warehouse with easy access to Johnson County.
      25605 Old Kc Rd, Paola, KS 66071
      View Details
    • $1,000,000
      1.38 Acres

      Freestanding Office Building Investment

      Turn-key office building with long-term tenants in Paola, Kansas.
      401 N East St, Paola, KS 66071
      View Details
    • $247,950
      0.25 Acres

      Commercial Property with Living Quarters

      Commercial space with residential living in historic Paola, Kansas.
      605 Baptiste Dr, Paola, KS 66071
      View Details
    • $1,150,000
      1.37 Acres

      Medical Plaza with Long-Term Tenants

      Spacious medical plaza with long-term tenants, investment opportunity.
      705 Baptiste Dr, Paola, KS 66071
      View Details
    • New
      $499,950
      0.27 Acres

      Remodeled Commercial Building with Apartments

      Remodeled commercial building with office spaces and residential units.
      10 S Silver St, Paola, KS 66071
      View Details
    • New
      $315,000
      2,500 SF

      Spacious Paola Home with Fenced Yard

      4-bedroom, 4-bath home with open floor plan and fenced yard.
      508 W Shawnee St, Paola, KS 66071
      View Details
    • $355,000
      4,577 SF

      Paola Square Restaurant and Building

      Restaurant and real estate for sale in downtown Paola.
      16 W Peoria St, Paola, KS 66071
      View Details

    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 are key features of this property?
    This property features: - 131 acres of land perfect for ranching, recreation, or business ventures.; - Nearly 6000 SF custom brick home with soaring ceilings and sweeping views.; - Large outbuilding with concrete floors, ideal for ranching or other business operations.
    Request Owner's contact information
    32846 Block Rd Paola, KS 66071
    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.
    32846 Block Rd
    Paola, KS 66071
    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
    32846 Block Rd Paola, KS 66071
    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

    We can help!
    Listing Contact
    Jennifer Butler
    Real Estate License ID: 00228811
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!