Technical
Financial
Distress signals
Property profile

32 And Keyes, OK 73947

OFF-MARKET
Land
6332 ac lot
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Property summary

AI-generated overview

This expansive 6,332-acre farm in Cimarron County, Oklahoma, presents a significant investment opportunity. The property includes 3,057 acres of sprinkler-irrigated farmland, 2,771 acres of grassland, and 188 acres of dry farmland. Improvements consist of a 1,880 sq ft main house with a full basement, three bedrooms, two bathrooms, and an 828 sq ft attached garage. A substantial shop (250' x 80') features a heated concrete floor, overhead lift, office, bathroom, and multiple overhead doors. Additional improvements include 13 pipe cable pens with automatic waterers and 1,848 feet of concrete feed bunks, a large holding corral with a working chute, and two Quonset buildings. The property boasts 24 wells, 21 currently producing, with a mix of submersible and engine-powered pumps fueled by natural gas and electricity. Irrigation is provided by 20 sprinklers of varying ages and types. The farm's location is 13.5 miles west of Elkhart, KS, with US Highway 56 eight miles south, and is within reasonable driving distance of Guymon, OK, Liberal, KS, and Amarillo, TX. The legal description includes Sections SW¼16, 17, 18, 19, 20, 21, 22, S½S½24, 28, 29, and 30-T6N-R9E, and S½1-T5N-R8E. The asking price is $16,000,000. The permitted zoning is AG. The property's northern boundary is the Oklahoma/Colorado state line.

Property profile

Verified
Property type Land
Lot 6332 ac (275,821,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

32 And Keyes, OK 73947
Keyes metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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