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    Lake Access Land in Lacygne Title is generated by Realmo AI

    49 & 53 Termical Drive, Lacygne, KS 66040

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    LAND - Lacygne, KS

    Lot size:
    0.56 Acres
    Added:
    Oct 8, 2025
    Days on Market:
    227
    Last Refresh:
    May 22 at 4:06 am

    Property Features for 49 & 53 Termical Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    rec
    Standard status
    Active
    APN
    8263, 8264
    Lot size
    0.56 Acres

    Taxes and HOA fees

    Tax Description
    TANGLEWOOD LAKES PLAT 20 , BLOCK P20 , Lot 41 42 , LOT 41 & LOT 42 PLAT 20 SECTION 25 TOWNSHIP 20 RANGE 23 & TANGLEWOOD LAKES PLAT 20, S25, T20, R23, BLOCK P20, Lot 40, LOT 40 PLAT 20 SECTION 25 TOWNSHIP 20 RANGE 23
    Tax Annual Amount
    79

    We can help!

    Listing Contact
    Cassidy Fuhrman

    Listing agent Cassidy Fuhrman License #00251707

    Listing office Crown Realty PO Box 194 501 S Main, Paola, KS

    Listing date Oct 8, 2025

    MLS# 2579643 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.

    HighLights

    • Three lakefront lots within walking distance to the main beach at Tanglewood Lakes.
    • Enjoy access to three lakes, including a 135‑acre lake perfect for water skiing, tubing, boating, and fishing.
    • Ready‑to‑go camping setup with 50‑amp & 30‑amp electric hookups, 3 additional 110 outlets, above‑ground septic holding tank, and portable water tank.
    • Lots 41 & 42 are combined, and Lot 40 is partially cleared and maintained yearly.
    • Located minutes from La Cygne and less than 50 miles from Overland Park, KS.
    • Suitable for a weekend retreat or building a future lake home in a private community.

    Overview

    Located within walking distance of the large beach at Tanglewood Lakes, this property features three lots suitable for recreational use or building a lake home. The lots are located minutes from La Cygne and less than 50 miles from Overland Park, KS. Tanglewood Lakes consists of three lakes accessible to property owners. The largest lake spans approximately 135 acres and accommodates various water activities, including water skiing, tubing, boating, and fishing. The smaller lakes are suitable for floating, fishing, and swimming. Lots 41 and 42 have been combined into a single lot. Lot 40 is partially cleared and maintained annually. The combined lots are equipped with 50-amp and 30-amp electric hookups, plus three additional 110 outlets, an above-ground holding tank for septic, and a portable water tank mounted on a trailer. The property is ready for camping or building a lake getaway in a private community. The total lot size is 0.5636 acres.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lacygne
    County
    Linn
    State
    Kansas
    Longitude
    -94.8178543
    Latitude
    38.2751327

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    FAQs

    What type of property is this?
    Recreation land - Three lots near Tanglewood Lakes, ready for recreation or building.
    Where is this recreation land located?
    The property is located at 49 & 53 Termical Drive Lacygne, KS.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Three lakefront lots within walking distance to the main beach at Tanglewood Lakes.; Enjoy access to three lakes, including a 135‑acre lake perfect for water skiing, tubing, boating, and fishing.; Ready‑to‑go camping setup with 50‑amp & 30‑amp electric hookups, 3 additional 110 outlets, above‑ground septic holding tank, and portable water tank.
    (620) 363-0145
    We can help!
    Listing Contact
    Cassidy Fuhrman
    Real Estate License ID: 00251707
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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.

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