0041 Old Metcalfe Ave Louisburg, KS 66053
Exceptional 41-acre property in Louisburg, Kansas (66053), presents a unique opportunity for horse and livestock enthusiasts or those seeking a tranquil rural lifestyle. This expansive land boasts gently rolling hills, offering numerous potential building sites for a custom home. The property includes a substantial 120' x 50' horse barn, equipped with a tack room and wash rack, and is complemented by steel pipe cross fencing. Three ponds enhance the property's aesthetic appeal, with one remarkable pond spanning nearly two acres, offering potential for expansion. A charming covered porch extends from the barn, featuring a built-in adobe-style grill and a picturesque view of the large pond and stunning sunsets. The property line is adorned with fruit trees. The asking price reflects not only the land value but also the significant improvements, including the barn. While the current acreage is 41 acres, additional acreage may be available subject to county approval, with preliminary discussions already held with the Miami County Planning and Zoning Department. Note that property lines depicted on maps are approximate. This is a rare opportunity to acquire a well-improved, expansive property in a desirable Kansas location.
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
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Property description
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Risks
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