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    263Rd St Louisburg, KS 66053

    For Sale
    $800,000

    39.45 Acres, Scenic Country Estate Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 39.45-acre farm in Louisburg, Kansas, presents a unique opportunity for a country estate. Located on W 263rd Street in Miami County (zip code 66053), the rectangular parcel boasts a natural eastern border of trees, providing excellent privacy. A picturesque driving path leads to a partially filled lake, winding through a wooded area and over a creek to a spacious back pasture. The property's beauty is enhanced by an additional shared pond and abundant open space, offering breathtaking views. Currently leased to a farmer, the land is ideal for those seeking a tranquil setting with agricultural potential. Please respect the existing crops and follow designated viewing procedures. The asking price for this remarkable property is $800,000. This is a rare chance to own a piece of Kansas countryside with significant development potential. The property's natural features, including the lake, creek, and wooded areas, create a serene and private atmosphere. The open pasture provides ample space for various uses, while the existing lease provides a potential income stream. This property is conveniently located near Louisburg, offering a balance of rural tranquility and convenient access to amenities.

    Property Features for 0 263Rd St

    General Information

    Property type
    Farms
    Lot Size
    1,718,442 SF

    HighLights

    • $800,000 asking price.
    • 39.45‑acre land parcel in Louisburg, Kansas.
    • Miami County, KS, zip code 66053.
    • Currently leased to a farmer; showings require agent accompaniment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisburg
    County
    Miami
    State
    Kansas
    Longitude
    -94.6584651
    Latitude
    38.6498094

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    FAQs

    What type of property is this?
    Farm - 39.45 Acres, Scenic Country Estate Potential
    Where is this farm located?
    The property is located at 263Rd St Louisburg, KS.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price.; 39.45-acre land parcel in Louisburg, Kansas.; Miami County, KS, zip code 66053.
    Request Owner's contact information
    263Rd St Louisburg, KS 66053
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    Louisburg, KS 66053
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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
    263Rd St Louisburg, KS 66053
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