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Property profile & analytics
OFF-MARKET
Land

00000 Cherokee Rd Inman, KS 67546

117.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional auction presents 117.5+/- acres of prime agricultural land strategically located near Inman and McPherson, Kansas. Offered in two tracts, this property boasts highly productive Class 2 soils, ideal for diverse crop production. Tract 1 encompasses 40+/- acres, situated 2 miles east of Inman on Cherokee Road, with legal descriptions specifying precise boundaries (S11, T21, R04, ACRES 7.3, and S11, T21, R04, ACRES 32.7). 2023 taxes for Tract 1 totaled $501.96. Tract 2 comprises 77.5+/- acres, located 2 miles west of McPherson, a mile south of Highway 56 on 9th Ave (East side). Its legal description is S34, T19, R04, ACRES 77.5, S2 SW4 LESS ROW, with 2023 taxes amounting to $1084.39. Both tracts offer excellent accessibility and proximity to key grain elevators, minimizing transportation costs. Current tenants possess rights to the 2024 wheat crop, harvesting in 2025. Soil types include Crete silt loam, Crete silty clay loam, and Ladysmith silty clay loam, all with gentle slopes conducive to high yields. The auction, held live and online, commences at 6 pm on November 13th, 2024, at the Inman Community Building (406 E Center, Inman, KS 67546)

Property profile
Verified
Property type Land
Lot 117.5 ac (5,118,300 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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