2 Louisiana Rd Princeton, KS 66078
This exceptional 56.28-acre property presents a compelling investment opportunity in Princeton, Kansas. Currently utilized as tillable farmland, this land offers significant potential for agricultural pursuits. The property is conveniently located at the northwest corner of 1700 Louisiana Road, Lot 2, in Franklin County, Kansas, zip code 66078 (latitude 38.4708944, longitude -95.2893433). The land is currently being farmed by a local farmer who has expressed interest in continuing their operations in 2025, providing a potential income stream. A water meter is already installed on the property, adding to its practicality and value. This property has undergone a rezoning process and is currently awaiting final plat approval under the "Sawin Plat" designation. While no address is currently assigned, the property's location and agricultural potential make it an attractive investment. The asking price for this significant parcel of land is $345,000. This represents a rare opportunity to acquire productive farmland in a desirable Kansas location. The property is classified as Residential, Agricultural, and Recreational land. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.