$399,000 $2,142 est/mo Sourced by Back At You

MLS Number: 209854

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Description

Embrace the vast potential of agricultural land in the heart of Kansas with this 162.2-acre property located in Lincoln County. It has very nice brome grass that is already turning green! It is a 13 minute drive north east of Lucas Kansas. Dedicated exclusively to agriculture, this prime piece of real estate is predominantly classified as dry cropland. The land is currently leased right now and the lessee has the right to the land until the end of milo season, but is willing to renew his lease with the new owner. Tenant is willing to pay $60/ac on tillable land and $20/ac on the grassland. 60 acres of brome hay yields 30 tons, potentially earning over $3,900, assuming a price of $130 per ton. This land used to get 50 bushel per acre wheat yearly, so roughly 5000 bushels at 4.72 a bushel (price based on 3/11 closing price) would be $23,600 per year on the cropland.

Details

MLS#209854
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site42
Listing Provided ByEXP Realty LLC | Jake Meyer

Features

ZoningAgricultural
Acreage162.20
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Great Plains Regional MLS.

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Learn More About This Property

StateKS
CountyLincoln
CityHanover Twp
Zip Code67481
AreaLincoln County
Listing VS Median (in 67481)
Price:
$399,000
low | high
Med:
$85,500
100% of Average
On Site:
42
low | high
Med:
88.000000
47.727272727273% of Average
Sourced by Back At You
Listing Updated: March 12, 2024 at 2:10:58 AM PDT