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    Property profile & analytics

    4742 Douglas Ter Lane, KS 66042

    • Land
    • 8.99 lot acres
    For Sale
    View listing
    $120,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4742 Douglas Ter

    Lot size
    8.99 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 8.99-acre property in Lane, Kansas, presents a unique opportunity for those seeking a tranquil country setting. Located in the Lane Meadows subdivision, just north of Lane, this land offers the perfect blend of rural serenity and convenient access to amenities. The property is currently used as hay ground, providing immediate income potential or the option to continue this established use. A significant advantage is the presence of an existing water meter (RWD#6), simplifying the process of establishing utilities. Underground Evergy electric service is conveniently located along the property's front, with a junction box at the corner. The property has been professionally surveyed and corners marked, ensuring clear boundaries. A large building site is available, conveniently situated outside the floodplain

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lane
    County
    Franklin, KS
    State
    Kansas
    Longitude
    -95.0801
    Latitude
    38.4537

    Comparable in this City

    • Value Estimation by Request
      40.00 Acres

      391st & Evening Star Rd

      Farms • 40.00 Acres
      391st & Evening Star Rd, Lane, KS 66042
      View Details
    • Value Estimation by Request
      39.00 Acres

      467 Virginia Rd

      Farms • 39.00 Acres
      467 Virginia Rd, Lane, KS 66042
      View Details
    • Value Estimation by Request
      19.72 Acres

      395Th St

      Land • 19.72 Acres
      0 395Th St, Lane, KS 66042
      View Details
    • Value Estimation by Request
      80.40 Acres

      24754 Ayers Rd

      QUARRIES (SAND, GRAVEL, ROCK) • 80.40 Acres
      24754 Ayers Rd, Lane, KS 66042-4179
      View Details
    • Value Estimation by Request
      2,280 SF

      4008 Ellis Rd

      OFFICE BUILDING (MULTI-STORY) • 2,280 SF
      4008 Ellis Rd, Lane, KS 66042
      View Details
    • Value Estimation by Request
      9.85 Acres

      4799 Douglas Rd

      WASTE DISPOSAL, SEWAGE • 9.85 Acres
      4799 Douglas Rd, Lane, KS 66042-9302
      View Details

    Similar Nearby for Sale

    • $120,000
      8.99 Acres

      Lane Meadows Country Estate

      8.99 Acres, Build Your Dream Home
      4742 Douglas Ter, Lane, KS 66042
      View Details
    • $850,000
      39.00 Acres

      Kansas Farm: 39 Acres, $850K

      Prime Kansas farmland with creek, ponds, & wildlife.
      467 Virginia Rd, Lane, KS 66042
      View Details
    • $395,000
      39.00 Acres

      Lane, KS Unimproved Land

      39 acres of land with creek, ponds, and wooded areas.
      467 Virginia Rd, Lane, KS 66042
      View Details
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    4742 Douglas Ter
    Lane, KS 66042
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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
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