8869 359Th St Louisburg, KS 66053
This exceptional 52-acre property in Miami County, Kansas, presents a unique investment opportunity. Located at 8869 W 359th Street, Louisburg, KS 66053 (38.472306, -94.688261), this land boasts a desirable location near the intersection of Highway 69 and 359th Street. The asking price is $780,000. The property features a man-made, 13-acre lake, described as clear and clean, ideal for waterfowl hunting (ducks were observed during recent photography). The land also includes sufficient timber for deer hunting. The remaining acreage is covered in cool-season fescue grass. Infrastructure is partially in place, with a rural water meter already installed and electricity readily available. This location offers a peaceful rural setting yet remains conveniently located less than 25 minutes from 151st Street, making it an excellent site for a dream home or other development projects. The property is classified as agricultural and recreational land, offering diverse possibilities for the discerning buyer.
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
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.