0 51.68 Acres Donahoo Rd McLouth, KS 66054
Exceptional investment opportunity awaits with this 51.68-acre farm located in McLouth, Kansas, just off Highway 16 and Donahoo Road. This property offers convenient access to McLouth and Tonganoxie. The land is primarily tillable, currently farmed under a gentleman's agreement (70/30 split with the tenant; no formal lease). A water meter has been approved. An additional approximately 5.13 acres (MLS #2425804) is included in the sale, bringing the total to approximately 57 acres. The property is building-permit ready, making it ideal for constructing a new home. The seller is motivated, presenting a compelling opportunity for buyers seeking prime Kansas farmland with development potential. This parcel presents a unique blend of agricultural income potential and residential building possibilities. The location provides easy access to nearby towns while maintaining a rural setting. This is a rare opportunity to acquire a substantial acreage with existing agricultural income and the potential for future development. The asking price is $350,000. The property is located in Leavenworth County, Kansas, with a zip code of 66054.
Cap rate
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