00000 Udall Rd Altoona, KS 66720
This 76-acre Kansas farm near Chanute, located off Udall Road (zip code 66720), presents a unique investment opportunity. The property boasts a diverse landscape including a native prairie hayfield producing approximately 30, 5x6 hay bales annually, open pastureland ideal for cattle grazing, and wooded areas perfect for hunting. Mature and young trees provide windbreaks and a serene environment. A small pond provides water for livestock, and access to a public water supply is available. Improvements include a 28x32 farm utility shed and a 32x12 lean-to. Abundant wildlife, including deer, makes this an excellent hunting location. Its proximity to Wilson State Fishing Lake offers additional recreational opportunities. The blend of pasture, woods, and hayfield creates a profitable and enjoyable property suitable for various uses, including horse trails. This property offers a compelling combination of recreational pursuits and income-generating potential. The asking price is $342,000.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.