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Property profile & analytics
OFF-MARKET
Land

0 27Th Rd Vermillion, KS 66427

237.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 237.29-acre property in Marshall County, Kansas, presents a unique investment opportunity. Located at the intersection of 27th Road and Zenith Road near Frankfort, it boasts 140 acres of non-highly erodible cropland currently leased for $200 per acre, generating immediate income. The remaining acreage offers a blend of wooded areas and open space, ideal for hunting and recreational pursuits. While the original homestead has been removed, the site is prepared for new construction, with existing utilities readily available. This versatile property is perfect for expanding agricultural operations, creating a rural residence, or enjoying the abundant outdoor recreational opportunities. The property's location in Kansas, combined with its productive farmland and recreational potential, makes it a highly desirable investment. The asking price is $2,500,000. This is a rare chance to acquire a substantial and diverse piece of Kansas land with significant potential for both income generation and personal enjoyment. The property's size, combined with its existing lease and potential for development, makes it an attractive proposition for a wide range of buyers. Don't miss this opportunity to own a piece of Kansas farmland with so much to offer.

Property profile
Verified
Property type Land
Lot 237.29 ac (10,336,352 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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