0000 Cr 4400 Elk City, KS 67344
This 146-acre Kansas farm presents a unique opportunity for both recreational pursuits and residential development. Located just 15 minutes from Independence and 5 minutes from Elk City, this property boasts a ready-to-build homesite atop a hill, offering stunning views. The one-acre homesite is already excavated for a 40x60 home, with plans available and a builder on standby. Utilities are conveniently in place, including rural water access and electricity, with underground maintenance already completed. The property features 30 acres of mature hardwood trees, providing a tranquil setting. Three large ponds, including a one-acre cattail pond, offer excellent fishing and wildlife viewing opportunities. Abundant wildlife, including Canadian geese, quail, ducks, and deer, makes this a sportsman's paradise. The diverse terrain is ideal for hunting and hiking. The property also includes a corral, making it suitable for livestock. All fences are well-maintained, and a water tap is installed, awaiting a meter. Blacktop frontage provides easy access from the east entrance. The current owners are open to leasing the land back for grazing during the off-season, offering potential income for the new owner. This property is a blend of recreational enjoyment and development potential, making it an exceptional investment.
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
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Property description
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No recorded transactions found for this property.
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Risks
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