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    Pressonville Rd Paola, KS 66071

    For Sale
    $579,500

    Kansas farmland with active oil lease & crop agreement.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 64.1-acre farm in Miami County, Kansas, presents a unique investment opportunity. The property boasts 40.41 acres of productive dry land, ideal for cultivating crops, and 23.69 acres of native grass, offering versatility for various agricultural uses. The soil composition is rich and diverse, consisting of Kenoma silt loam, Eram-lebo silty clay loams, and Bucyrus silty clay loam, ensuring fertile ground for successful farming operations. Currently, an active crop farming agreement is in place, generating immediate income potential for the new owner. Beyond the agricultural aspects, the property includes an active oil lease, providing an additional revenue stream. This strategic location offers convenient access to Paola, KS (11 miles) and Osawatomie, KS (8.2 miles), enhancing its appeal for both established farmers seeking expansion and investors looking for diversified income streams. The asking price for this productive and strategically located Kansas farmland is $579,500. The property's address is on Pressonville Road, Paola, KS, 66071. This is a rare opportunity to acquire a well-established agricultural property with multiple income streams in a desirable location.

    Property Features for 0 Pressonville Rd

    General Information

    Property type
    Farms
    Lot Size
    2,792,196 SF

    HighLights

    • 64.1‑acre farm in Miami County, Kansas, offering a unique investment opportunity.
    • 40.41 acres of productive dry land and 23.69 acres of native grass.
    • Rich soil composition (Kenoma silt loam, Eram‑lebo silty clay loams, and Bucyrus silty clay loam).
    • Active crop farming agreement in place, generating immediate income.
    • Active oil lease provides additional revenue stream.
    • Convenient access to Paola (11 miles) and Osawatomie (8.2 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paola
    County
    Miami
    State
    Kansas
    Longitude
    -95.028201
    Latitude
    38.6017829

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    FAQs

    What type of property is this?
    Farm - Kansas farmland with active oil lease & crop agreement.
    Where is this farm located?
    The property is located at Pressonville Rd Paola, KS.
    What is the asking price?
    The asking price for this property is $579,500.
    What are key features of this property?
    This property features: 64.1-acre farm in Miami County, Kansas, offering a unique investment opportunity.; 40.41 acres of productive dry land and 23.69 acres of native grass.; Rich soil composition (Kenoma silt loam, Eram-lebo silty clay loams, and Bucyrus silty clay loam).
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    Pressonville Rd Paola, KS 66071
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    Paola, KS 66071
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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
    Pressonville Rd Paola, KS 66071
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