Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    0000 50 Ave Anthony, KS 67003

    • Land
    • 77.60 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0000 50 Ave

    Lot size
    77.60 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 77.6-acre property in Harper County, Kansas, presents a unique investment opportunity. Located just south of Bluff Creek, outside Anthony, this diverse tillable tract boasts installed rural water and electricity, significantly reducing development costs. Low annual property taxes of only $290 further enhance its appeal. The land offers several excellent building sites overlooking Bluff Creek, ideal for a dream home or farmstead. Conveniently situated two miles north of paved County Road 2, it provides easy access to major roads and the town of Anthony (7 miles away). Attica is 12 miles, Harper 17 miles, and Wichita 65 miles away. The proximity to the Anthony Farmers Co-Op (7 miles) adds to its agricultural advantages. This property perfectly balances rural tranquility with income potential and the convenience of nearby amenities. The asking price is $208,800. This is a rare opportunity to acquire prime agricultural land with significant development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anthony
    County
    Harper
    State
    Kansas
    Longitude
    -98.1318
    Latitude
    37.1836

    Comparable in this City

    • Value Estimation by Request
      2.40 Acres

      Hwy 214

      COMMERCIAL (GENERAL) • 2.40 Acres
      Hwy 214, Anthony, KS 67003
      View Details
    • Value Estimation by Request
      9.80 Acres

      30 Ave

      COMMERCIAL (GENERAL) • 9.80 Acres
      30 Ave, Anthony, KS 67003
      View Details
    • Value Estimation by Request
      1.29 Acres

      Jennings Ave

      COMMERCIAL (GENERAL) • 1.29 Acres
      Jennings Ave, Anthony, KS 67003
      View Details
    • Value Estimation by Request
      4.90 Acres

      Ll

      COMMERCIAL (GENERAL) • 4.90 Acres
      Ll, Anthony, KS 67003
      View Details
    • Value Estimation by Request
      6.00 Acres

      10 Ave

      MINING, MINERAL, QUARRIES • 6.00 Acres
      10 Ave, Anthony, KS 67003
      View Details
    • Value Estimation by Request
      8.30 Acres

      30 Rd

      COMMERCIAL (GENERAL) • 8.30 Acres
      30 Rd, Anthony, KS 67003
      View Details

    Similar Nearby for Sale

    • $225,000
      17,052 SF

      Prime Anthony, KS Office/Retail

      17,052 SF Multi-Tenant Office Building
      119-125 Main St, Anthony, KS 67003
      View Details
    • $563,077
      8,000 SF

      Anthony, KS Dollar General Investment

      High-Yield Convenience Store, Excellent Location
      804 Ll And G Ave, Anthony, KS 67003
      View Details
    • $700,000
      6,907 SF

      Anthony, KS Medical Office Building

      Class A Medical Office, 100% Occupied
      115 Main St, Anthony, KS 67003
      View Details
    • $225,000
      17,052 SF

      Office/Retail Building in Anthony, KS

      Office/Retail building with four suites in Anthony, Kansas for sale.
      Anthony, KS 67003
      View Details
    • $440,000
      8,000 SF

      Anthony, Kansas Retail Investment Property

      8,000 SF building on 0.90 acres, built in 2000.
      804 N Ll And G Ave, Anthony, KS 67003
      View Details
    • $225,000
      17,052 SF

      Office/Retail Building in Anthony, KS

      Office/Retail building with four suites in Anthony, Kansas for sale.
      119-125 W Main St, Anthony, KS 67003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0000 50 Ave
    Anthony, KS 67003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.