0 263Rd St W Ct Viola, KS 67149
This online auction presents two exceptional 7-acre-plus residential lots in Viola, Kansas, conveniently located on a paved road. Each lot is individually platted within the Thompson Lake Estates, offering shared access drives. The land is level, treelined, and features smooth brome grass. The Rural Residential (RR) zoning permits a variety of building options, including barndominiums, shouses, and shop homes. A major electric trunkline (Sedgwick Co. COOP) is already installed, simplifying utility connections. Note that Sedgwick County requires a lagoon or alternative septic system. For added convenience, a nearby store (within half a mile) offers gas and groceries. Property is subject to the Thompson Lake Estates Association rules and regulations. Please schedule an appointment for a preview; do not trespass. Auction details: Bidding opens February 18th, 2025, at 2 PM CST and closes February 27th, 2025, at 2:30 PM CST. A 10% buyer's premium will be added to the final bid. Bidding will remain open until one minute passes without a new bid.
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
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.