00000 Cherokee Rd Inman, KS 67546
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)
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.