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    2440 Riley Rd Ottawa, KS 66067

    Sponsored
    For Sale
    $945,000

    Hunt, Farm, Build: 135 acres near Ottawa, KS.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 135-acre property in Franklin County, Kansas, presents a unique investment opportunity. Located at 2440 Riley Road, Ottawa, KS 66067 (38.6793505, -95.2918653), this land boasts a blend of agricultural and recreational uses. The property features heavy, mature timber bordering the entire perimeter, providing excellent hunting and privacy. A small creek flows along the western boundary, adding to the natural beauty. Currently, 56.8 acres are in crop production under a shared rental agreement extending to the year's end. This offers immediate income potential. The land is ideally suited for building a home or a secluded cabin. Rural water and electricity are readily available in the area. Conveniently located just one mile from a county hard-surface road and 1.5 miles from Highway 59, this property offers both seclusion and accessibility. The asking price is $945,000. This versatile property is perfect for those seeking a blend of recreational enjoyment, agricultural income, and the potential for a private rural residence. Don't miss this chance to own a significant piece of Kansas land.

    Property Features for 2440 Riley Rd

    General Information

    Property type
    Farms
    Lot Size
    5,880,600 SF

    HighLights

    • $945,000 asking price.
    • 135‑acre land parcel.
    • Located at 2440 Riley Road, Ottawa, KS 66067.
    • Residential and agricultural zoning.
    • Features mature timber and a creek.
    • Potential building site; rural water and electric available nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ottawa
    County
    Franklin, KS
    State
    Kansas
    Longitude
    -95.2918653
    Latitude
    38.6793505

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    FAQs

    What type of property is this?
    Farm - Hunt, Farm, Build: 135 acres near Ottawa, KS.
    Where is this farm located?
    The property is located at 2440 Riley Rd Ottawa, KS.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: $945,000 asking price.; 135-acre land parcel.; Located at 2440 Riley Road, Ottawa, KS 66067.
    Request Owner's contact information
    2440 Riley Rd Ottawa, KS 66067
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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
    2440 Riley Rd Ottawa, KS 66067
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