22nd & Zenith Rd Rd Frankfort, KS 66427
This exceptional 157.6-acre property in Frankfort, Kansas, presents a unique investment opportunity. The land boasts a versatile composition of 52 acres of arable crop ground and 105 acres of pastureland, ideal for livestock grazing. Recent soil tests are available for the crop land, facilitating immediate agricultural planning. The pasture has a history of cattle grazing and is ready for immediate use or leasing. A significant advantage is the inclusion of existing windmill lease rights, currently generating over $11,000 annually in passive income, transferable to the new owner. This stable income stream complements the agricultural potential of the property. Located at 22nd & Zenith Rd Road, in Marshall County, Kansas, zip code 66427, this property offers a blend of active and passive income streams, making it an attractive investment for both established farmers and new entrants to the agricultural market. The property's scenic location and versatile land use possibilities make it a compelling investment or the perfect foundation for a thriving agricultural operation. This is a ready-to-use property with established infrastructure and income-generating potential. The asking price is $1,305,500.
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.