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    1931 18Th Rd Waverly, KS 66871

    For Sale
    $615,000

    Diverse Kansas acreage, ideal for farming, recreation, or homesite.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 150-acre property presents a unique investment opportunity in Coffey County, Kansas. Located just a few miles south of Waverly, this versatile land boasts a diverse landscape, perfect for a variety of uses. The property includes approximately 70 acres enrolled in the Conservation Reserve Program (CRP), generating an annual income of approximately $3,790 (expiring 2027). An additional 7 acres consist of brome hay meadow, while 69 acres comprise native and fescue pastures. Scattered throughout the pastures are multiple patches of timber, providing excellent habitat and privacy. A sizable pond, ideal for livestock watering or as a centerpiece for a future homesite, is complemented by two wet-weather creeks traversing the property. Abundant wildlife, including deer and turkey, is evident, as shown in available trail camera photos. Much of the fields were previously terraced and could be easily returned to cultivation after the CRP contract expires. The property's convenient location is a significant advantage, situated just half a mile from a paved road and within easy driving distance of Burlington, Garnett, Waverly, Ottawa, Emporia, and even Kansas City. This exceptional property offers a blend of agricultural potential, recreational enjoyment, and a tranquil rural setting, making it an attractive investment for discerning buyers. The address is 1931 18th Road, Waverly, KS 66871. The asking price is $615,000.

    Property Features for 1931 18Th Rd

    General Information

    Property type
    Farms
    Lot Size
    6,534,000 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waverly
    County
    Coffey
    State
    Kansas
    Longitude
    -95.6119118
    Latitude
    38.2881886

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Diverse Kansas acreage, ideal for farming, recreation, or homesite.
    Where is this farm located?
    The property is located at 1931 18Th Rd Waverly, KS.
    What is the asking price?
    The asking price for this property is $615,000.
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    1931 18Th Rd Waverly, KS 66871
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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
    1931 18Th Rd Waverly, KS 66871
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