Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7 Hwy Osawatomie, KS 66064
    Property profile & analytics

    7 Hwy Osawatomie, KS 66064

    View on Map
    • Land
    • 40.00 lot acres
    For Sale
    $325,000
    View Listing →
    Prime 40-Acre Kansas Farmland For Sale
    $325,000

    Prime 40-Acre Kansas Farmland

    Highly productive farmland near Hwy 169

    7 Hwy, Osawatomie, KS 66064
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7 Hwy

    Lot size
    40.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This 40-acre agricultural property in Osawatomie, Kansas, presents a unique opportunity for investors and homebuyers alike. Situated in Southern Miami County, the land enjoys convenient access via a blacktop road and is close to the four-lane Highway 169, offering easy commuting. The property features highly productive cropland, a mix of trees providing natural beauty and shade, and a seasonal stream adding to its rural charm. Wildlife enthusiasts will appreciate the abundance of deer and turkey in this peaceful setting. The land is ready for development; a rural water meter is already paid for and awaiting connection. Rural Water District #3 Miami County can assist with locating the nearest water line. Please note that the current tenant farmer retains the rights to the existing crops. This versatile property offers the potential for a dream home site or a profitable investment in Kansas farmland. The asking price is $325,000. The property's address is 7 Highway, Osawatomie, KS 66064, located in Miami County. The zip code is 66064.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Osawatomie
    County
    Miami
    State
    Kansas
    Longitude
    -94.9462
    Latitude
    38.4728

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      35900 Plum Creek Rd

      Farms • 15.00 Acres
      35900 Plum Creek Rd, Osawatomie, KS 66064
      View Details
    • Value Estimation by Request
      61.59 Acres

      32700 399Th St

      Farms • 61.59 Acres
      32700 399Th St, Osawatomie, KS 66064
      View Details
    • Value Estimation by Request
      97.34 Acres

      000000 327Th St

      Farms • 97.34 Acres
      000000 327Th St, Paola, KS 66064
      View Details
    • Value Estimation by Request
      12.69 Acres

      K7 383Rd St

      Farms • 12.69 Acres
      K7 383Rd St, Osawatomie, KS 66064
      View Details
    • Value Estimation by Request
      48.43 Acres

      0000 391St St

      Farms • 48.43 Acres
      0000 391St St, Osawatomie, KS 66064
      View Details
    • Value Estimation by Request
      35.00 Acres

      327Th St

      Farms • 35.00 Acres
      0 327Th St, Paola, KS 66064
      View Details

    Similar Nearby for Sale

    • $325,000
      40.00 Acres

      Prime 40-Acre Kansas Farmland

      Highly productive farmland near Hwy 169
      7 Hwy, Osawatomie, KS 66064
      View Details
    • $299,900
      8.30 Acres

      Osawatomie Commercial Land Opportunity

      8.3 acres of commercial land with highway access.
      Kelly Ave, Osawatomie, KS 66064
      View Details
    • $1,100,000
      164.00 Acres

      Secluded Wooded Hunting Land

      164 acre wooded hunter's paradise with creek and cabin.
      355Th St, Osawatomie, KS 66064
      View Details
    • $219,950
      0.16 Acres

      Osawatomie Triplex For Sale

      Triplex with income potential, near school and highway access.
      414 Brown Ave, Osawatomie, KS 66064
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Hwy
    Osawatomie, KS 66064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7 Hwy, Osawatomie, KS, 66064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!