0 263Rd St Louisburg, KS 66053
This exceptional 39.45-acre farm in Louisburg, Kansas, presents a unique opportunity for a country estate. Located on W 263rd Street in Miami County (zip code 66053), the rectangular parcel boasts a natural eastern border of trees, providing excellent privacy. A picturesque driving path leads to a partially filled lake, winding through a wooded area and over a creek to a spacious back pasture. The property's beauty is enhanced by an additional shared pond and abundant open space, offering breathtaking views. Currently leased to a farmer, the land is ideal for those seeking a tranquil setting with agricultural potential. Please respect the existing crops and follow designated viewing procedures. The asking price for this remarkable property is $800,000. This is a rare chance to own a piece of Kansas countryside with significant development potential. The property's natural features, including the lake, creek, and wooded areas, create a serene and private atmosphere. The open pasture provides ample space for various uses, while the existing lease provides a potential income stream. This property is conveniently located near Louisburg, offering a balance of rural tranquility and convenient access to amenities.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.