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    4742 Douglas Ter Lane, KS 66042

    For Sale
    $120,000

    8.99 Acres, Build Your Dream Home

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.99-acre property in Lane, Kansas, presents a unique opportunity for those seeking a tranquil country setting. Located in the Lane Meadows subdivision, just north of Lane, this land offers the perfect blend of rural serenity and convenient access to amenities. The property is currently used as hay ground, providing immediate income potential or the option to continue this established use. A significant advantage is the presence of an existing water meter (RWD#6), simplifying the process of establishing utilities. Underground Evergy electric service is conveniently located along the property's front, with a junction box at the corner. The property has been professionally surveyed and corners marked, ensuring clear boundaries. A large building site is available, conveniently situated outside the floodplain

    Property Features for 4742 Douglas Ter

    General Information

    Property type
    Farms
    Lot Size
    391,604 SF

    HighLights

    • 8.99‑acre lot in Lane Meadows subdivision, Lane, Kansas.
    • Currently used as hay ground, offering immediate income potential.
    • Existing water meter (RWD#6) and underground Evergy electric service available.
    • Professionally surveyed with marked corners.
    • Large buildable lot outside the floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lane
    County
    Franklin, KS
    State
    Kansas
    Longitude
    -95.08008
    Latitude
    38.453668

    Nearby Comparable

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      Lane, KS Unimproved Land

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      467 Virginia Rd, Lane, KS 66042
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    • $850,000
      39.00 Acres

      Kansas Farm: 39 Acres, $850K

      Prime Kansas farmland with creek, ponds, & wildlife.
      467 Virginia Rd, Lane, KS 66042
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    • $174,325
      18.35 Acres

      Kansas Farm: 18 Acres

      Prime Kansas farmland, ideal for building or farming.
      0 /A, Osawatomie, KS 66064
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    • New
      $2,850,000
      1,900 SF

      Versatile Farm with Recreational Potential

      Historic 151-acre farm with income potential near Kansas City.
      106 Vermont Ter, Greeley, KS 66033
      View Details

    FAQs

    What type of property is this?
    Farm - 8.99 Acres, Build Your Dream Home
    Where is this farm located?
    The property is located at 4742 Douglas Ter Lane, KS.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: 8.99-acre lot in Lane Meadows subdivision, Lane, Kansas.; Currently used as hay ground, offering immediate income potential.; Existing water meter (RWD#6) and underground Evergy electric service available.
    Request Owner's contact information
    4742 Douglas Ter Lane, KS 66042
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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
    4742 Douglas Ter Lane, KS 66042
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