0 197Th Rd Erie, KS 66733
This exceptional 12-acre agricultural property in Neosho County, Kansas, presents a unique investment opportunity. Located at 0 197th Road, Erie, KS 66733 (37.656043, -95.297621), this land is priced competitively at $51,600, or approximately $4300 per acre. The property boasts oil pump rights which will transfer to the new owner, adding significant potential value. Existing infrastructure includes fencing along the front and one side, and individual driveways provide convenient access. Utilities are conveniently located along the adjacent ditch. A survey review is available upon request, providing further detail on the property's boundaries and features. For those seeking expansion, an optional 10-acre adjacent parcel is also available for purchase, offering the potential to significantly increase the overall acreage. This property is ideal for agricultural use, offering a solid foundation for various farming operations. The strategic location and included oil rights make this a compelling investment opportunity in the thriving Kansas agricultural market. Contact us to schedule a viewing and explore the possibilities.
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
Similar Nearby for Sale
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.