Sw4 15-10-21 Hill City, KS 67642
- Land
Current Use by Public Records
- Land
Property Details for Sw4 15-10-21
- Property type
- Land
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity: 320 acres of Kansas farmland in Graham County, near Hill City (zip code 67642), offering diverse uses. This half-section boasts 13 acres of wooded wetlands, ideal for hunting and recreation. The property features access roads on two sides and benefits from existing power lines running through it, situated near a transmission junction. Currently under option for a large-scale battery energy storage facility, projected to utilize only approximately 25 acres, yet generating substantial revenue for the entire parcel. The asking price is $995,000, translating to $3,125 per acre. The lease option provides an additional income stream at $400 per acre, expiring December 31, 2034. Pro forma NOI is $64,000, yielding a 6.43% cap rate. This unique combination of agricultural, recreational, and industrial potential makes this a compelling investment with significant long-term growth prospects. The property's strategic location and existing infrastructure enhance its value and appeal to a wide range of investors. This is a rare opportunity to acquire a versatile property with substantial income potential and significant upside.
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
- Hill City
- County
- Graham
- State
- Kansas
- Longitude
- -99.8475
- Latitude
- 39.3065
