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Manhattan Cropland Investment Opportunity

Eureka Drive Manhattan, KS 66503

Eureka Drive, Manhattan, KS, 66503
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For Sale
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Irrigated cropland with potential for industrial rezoning near Manhattan.

Lot Size160.00 Acres
Days on Market639

Property Features for Eureka Drive

General Information

Standard status
Active
Lot size
160.00 Acres
Property subtype
Land, Industrial
Listing Agency Whitetail Properties Real Esta
Listed by Matthew Palmquist
Source Crexi
Added: Oct 17, 2024 Checked: Jul 15 at 1:59 pm

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitetail Properties Real Esta


Investment Insights

Based on property information with market context.

Located on the west side of Manhattan, this irrigated quarter of cropland is currently producing corn and soybeans. The land, zoned as agricultural, presents a potential rezoning opportunity to industrial, based on the current Future Land Use Map in the Manhattan Urban Area Comprehensive Plan and the Eureka Valley Highway K-18 Corridor Plan for industrial expansion. This creates an investment opportunity for businesses looking to expand or relocate to the Manhattan area. The location features road frontage on the southern and western boundaries, with Eureka Drive being a wide paved roadway. The acreage is close to Manhattan Regional Airport, Highway K-18 (Fort Riley BLVD), and Interstate 70, providing opportunities for goods distribution. Approximately 106 acres are irrigated by a center pivot system. The soils consist of class 2 and 3 Wymore Silty Clay loam, consistently producing quality crops. The farmland attracts the Fort Riley Elk herd each winter, offering a unique recreational experience. Several grassed waterways provide outlets for surface runoff and create additional wildlife habitat. The seller's water rights associated with the center pivot irrigation system will transfer to the buyer. Electricity is available nearby along both adjacent roadways. The buyer will be responsible for due diligence to rezone the land to industrial and for any building regulations due to the proximity to the Manhattan Regional Airport.

Key Highlights

  • Excellent location with road frontage on two sides and close proximity to airport, Highway K‑18, and Interstate 70 for distribution.
  • Currently producing quality crops (corn and soybeans) on approximately 106 irrigated acres.
  • Water rights associated with the center pivot irrigation system will transfer to the buyer.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

FAQs

What type of property is this?
Agricultural land / Farmland - Irrigated cropland with potential for industrial rezoning near Manhattan.
Where is this agricultural land / farmland located?
The property is located at Eureka Drive Manhattan, KS.
What is the asking price?
The asking price for this property is $4,992,960.
What are key features of this property?
This property features: Excellent location with road frontage on two sides and close proximity to airport, Highway K‑18, and Interstate 70 for distribution.; Currently producing quality crops (corn and soybeans) on approximately 106 irrigated acres.; Water rights associated with the center pivot irrigation system will transfer to the buyer.
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