Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    215th St And Pflumm Rd Rd Bucyrus, KS 66013
    Back to Search
    Property profile & analytics

    215th St And Pflumm Rd Rd Bucyrus, KS 66013

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 215th St And Pflumm Rd Rd

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 19+ acre parcel of farmland presents a unique opportunity in the tranquil Miami County, Kansas. Located near the intersection of 215th St and Pflumm Rd, this beautiful lot offers a peaceful setting ideal for those seeking a rural lifestyle. The property boasts convenient access to both Highway 69 and Highway 169, providing easy commutes to nearby amenities. The address is officially listed as 215th St and Pflumm RD Road, Bucyrus, KS 66013. The total acreage is approximately 833,738 square feet. This land is zoned for agricultural use and is perfect for building a custom home, given its size and location. Residents will enjoy the proximity to Spring Hill's schools, restaurants, and shopping, offering a blend of rural serenity and convenient access to urban conveniences. The asking price for this remarkable property is $459,360. This represents a compelling investment opportunity for those seeking a substantial piece of Kansas farmland. Buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bucyrus
    County
    Miami
    State
    Kansas
    Longitude
    -94.7418
    Latitude
    38.7383

    Comparable in this City

    • Value Estimation by Request
      18.85 Acres

      11224 239Th St

      Farms • 18.85 Acres
      11224 239Th St, Bucyrus, KS 66013
      View Details
    • Value Estimation by Request
      73.00 Acres

      5225 223Rd St

      Farms • 73.00 Acres
      5225 223Rd St, Bucyrus, KS 66013
      View Details
    • Value Estimation by Request
      12.00 Acres

      9548 207Th St

      Farms • 12.00 Acres
      9548 207Th St, Bucyrus, KS 66013
      View Details
    • Value Estimation by Request
      3.49 Acres

      7325 210 St

      Distribution properties • 3.49 Acres
      7325 210 St, Bucyrus, KS 66013
      View Details
    • Value Estimation by Request
      19.14 Acres

      22750 Switzer Rd

      Farms • 19.14 Acres
      22750 Switzer Rd, Bucyrus, KS 66013
      View Details
    • Value Estimation by Request
      3.73 Acres

      2 Long Ter

      Farms • 3.73 Acres
      2 Long Ter, Bucyrus, KS 66013
      View Details

    Similar Nearby for Sale

    • $4,000,000
      9.70 Acres

      Bucyrus Land with Equestrian Features

      9.7 acres in Bucyrus with riding arena and horse runs.
      20875 Mission Rd, Bucyrus, KS 66013
      View Details
    • $1,375,000
      56.68 Acres

      Bucyrus Land with Sweeping Views

      Remarkable 57-acre property near Overland Park with ranch home.
      23478 Switzer Rd, Bucyrus, KS 66013
      View Details
    • $4,000,000

      Land Available on Mission Road

      Land for sale south of 207th and Mission Road.
      20875 Mission Rd, Bucyrus, KS 66013
      View Details
    • $3,500,000

      Land Available in Spring Hill

      Land for sale at 207th & Lackman Road.
      207 207Th St, Spring Hill, KS 66013
      View Details
    • $1,399,000

      Available Land in Bucyrus, Kansas

      Land available near 199th and 69 Highway in Bucyrus.
      9548 W 207Th St, Bucyrus, KS 66013
      View Details
    • $1,499,000
      10.02 Acres

      Bucyrus Land in Wolf Valley

      10+- acre lot in Wolf Valley Ranch Subdivision, Blue Valley School District.
      10103 W 191St St, Bucyrus, KS 66013
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    215th St And Pflumm Rd Rd
    Bucyrus, KS 66013
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    215th St And Pflumm Rd Rd, Bucyrus, KS, 66013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!