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    4 Louisiana Rd Princeton, KS 66078

    For Sale
    $315,000

    Recreational & Residential Land, Excellent Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 23.21-acre property, located at Lot 4 Louisiana Road, Princeton, Kansas (zip code 66078), presents a unique opportunity for residential or recreational development. Currently zoned for residential and agricultural use, the land boasts a large pond ideal for fishing, attracting seasonal duck and geese populations. A water meter is already installed, simplifying utility connections. The property is undergoing final plat approval as part of the "Sawin Plat" rezoning process, ensuring a streamlined development path. While no address is currently assigned, the location is easily identifiable at the northwest corner of 1700 Louisiana Road in Franklin County, Kansas. The asking price for this expansive parcel is $315,000. This land offers significant potential for building a new home or establishing a recreational retreat, benefiting from its convenient location and attractive natural features. The property's size and amenities make it a highly desirable investment opportunity in a peaceful Kansas setting. Coordinates are 38.4708944 latitude and -95.2893433 longitude.

    Property Features for 4 Louisiana Rd

    General Information

    Property type
    Farms
    Lot Size
    1,011,028 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Princeton
    County
    Franklin, KS
    State
    Kansas
    Longitude
    -95.2893433
    Latitude
    38.4708944

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    FAQs

    What type of property is this?
    Farm - Recreational & Residential Land, Excellent Potential
    Where is this farm located?
    The property is located at 4 Louisiana Rd Princeton, KS.
    What is the asking price?
    The asking price for this property is $315,000.
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    4 Louisiana Rd Princeton, KS 66078
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    Realmo Value Estimation

    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.

    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.

    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
    4 Louisiana Rd Princeton, KS 66078
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