27Th Rd Vermillion, KS 66427
- Land
- 237.29 lot acres
Current Use by Public Records
- Land
Property Details for 0 27Th Rd
- Lot size
- 237.29 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vermillion
- County
- Marshall
- State
- Kansas
- Longitude
- -96.3142
- Latitude
- 39.6969