0 Eureka Dr Manhattan, KS 66503
This 148.6-acre property in Manhattan, Kansas, presents a unique investment opportunity. Currently zoned agricultural, but with high potential for industrial rezoning, as indicated in the Manhattan Urban Area Comprehensive Plan and Eureka Valley Highway K-18 Corridor Plan, this land offers significant upside. The property includes 106 acres of irrigated cropland (corn and soybeans) with a center pivot system, and the seller's water rights transfer to the buyer. The land boasts excellent road frontage on Eureka Drive, a wide paved roadway, and enjoys proximity to Manhattan Regional Airport, Highway K-18, and Interstate 70, ideal for distribution. Soil composition consists of a mixture of class 2 and 3 Wymore Silty Clay loam, consistently yielding quality crops. The property also features several grassed waterways and attracts a local elk herd, offering recreational potential. Electricity is readily available along adjacent roadways. Buyers are responsible for due diligence regarding rezoning and building regulations near the airport. This property offers a blend of agricultural income and significant industrial development potential.
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
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.