Listing Agency: Realty Executives d***@gmail.com Show Phone

Listed By: Dale Hermreck · License #BR00217729 Show Phone

Source: Compass

Added: Mar 24 Changed: Aug 8 Last Checked: Jul 23 at 10:02AM

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Investment Insights

Based on property information with market context.

This farmland investment consists of two separate tracts totaling 155 acres, offering crop and hay production and an estimated oil production income stream of $29,309 annually (4.5%). The crop and hay production is available to the buyer for the current growing season, subject to existing arrangements.

The crop ground totals 130 acres and is currently seeded to a cover crop, to be used at the buyer’s discretion. The seller intends for the property to be sold as one unit, but would consider offers on the individual tracts.

Access is described as good, with county roads on two sides providing practical ingress and egress for operations and farm equipment.

Key Highlights

• 155 acres of farmland with crop, hay, and oil production income estimated at $29,309 annually (4.5%).
• Crop and hay production is available to the buyer this growing season.
• Crop ground totals 130 acres and is currently seeded to a cover crop; use at the buyer’s discretion.

Property Analytics

Current Use

Agricultural land / Farmland

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Demographics for 66015, KS

732

Population

420

Households

1.7

Avg Household Size

44

Median Age

17%

College-Educated

91%

High-School Grad

95.1 sq mi

ZIP Area

8

Density / Sq Mi

$59,196

Median Household Income

$50,000

Median Earnings

$443

Median Rent

$127,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this agricultural land / farmland located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - Productive farmland with crop and hay ground, plus oil production income estimated annually.

Where is this agricultural land / farmland located?

The property is located at 600 Southwest Kentucky Road Colony, KS.

What is the asking price?

The asking price for this property is $318,750.

What are key features of this property?

This property features: 155 acres of farmland with crop, hay, and oil production income estimated at $29,309 annually (4.5%).; Crop and hay production is available to the buyer this growing season.; Crop ground totals 130 acres and is currently seeded to a cover crop; use at the buyer’s discretion.