Diverse Quarter with Tillable Acres, Grasslands, and Wind Lease Opportunity

Price: $343,470
Acreage: 160
County: Sumner
State: Kansas

Price Per Acre

$2,146.69 per acre

Property Description

Located south of Argonia, Kansas, 3 miles, sits this 160 +/- acre tract that has been a tried-and-true agricultural producer for the lifelong family over the years. From native grasslands in the beginning to the 1940s to 100% row crop tillable acres, then back to a portion being seeded back down to native grasslands in the 1990s, this tract has the opportunity to operate in multiple capacities. From tillable row crop farming to hay or cattle grazing, or the overall investor, this tract holds it all.

The 160 +/- acres are made up of 110 +/- acres of native grass and 49 +/- acres of tillable row crop. The grassland acres are made up of primarily Little Bluestem, Buffalo, Gama, Switch, and Bermuda and have been hayed and grazed over the years. The tillable acres are currently planted to wheat. The row crop and hay are on a 1/3-2/3 crop share between the landowner and tenant. The soil types consist of Bethany, Renfrow, and Kirkland, 68.1% Class II, 23.3% Class III, and 9.84% Class IV.

The tract is enrolled in a wind lease agreement, which is currently paying $420.00 annually. The lease agreement allows the landowner to opt in or out if they wish for turbines to be placed on the subject tract, should the site be suited for turbines. In the event the landowner approves the placement of turbines, the annual lease income would increase per unit. All mineral rights are intact and transfer to the buyer upon closing. The property is located 1 mile off of the paved S Argonia Road and is located on the corner of S Eden Road and W 50th Street S.

From tillable to hay and grazing acres to overall investment with a passive income opportunity, this 160 +/- acre tract holds it all and is one to tour in person! For additional information or to schedule a tour, contact Brenda Doudican at (620) 794-8075 or bdoudican@midwestlandgroup.com.

Property Features

  • 160 +/- acres total
  • 158.73 +/- total crop land acres per USDA
  • 110 +/- acres currently grassland hay production
  • 49 +/- acres tillable row crop planted to wheat
  • Class II Bethany soil type
  • Currently on 1/3-2/3 crop share
  • Wind lease with optional opt-in or out turbine placement
  • Current annual wind lease payment of $420.00 without turbines
  • Road frontage along the north and east
  • 1/2 mile off pavement
  • All mineral rights intact
  • Approximate 2024 tax: $1,173.89
  • Hunting Unit 15
  • 3 miles south of Argonia

Property Address

00000 S Eden Road, Argonia, KS