Tillable Investment with Highway Exit Future

Property Description

Just north of the city of Kingman is 140 +/- acres suitable for short and long-term investment. The tract sits on paved Berry Avenue. The tillable land has a history of growing excellent yields of wheat, milo, and corn. The farm is currently planted to wheat; possession will be subject to tenant's rights. The farm boasts all Class II sandy loam soils with an NCCPI index of 53. Add this farm to your operation or investment portfolio and use it as leverage to gain an advantage in the negotiations of the future.

The Kansas Department of Transportation plans to bypass 54 Highway around the city of Kingman, passing directly by this farm. This farm will be right off a planned exit ramp onto Berry Avenue. Short-term, this could be needed for construction, lay-down yard, material storage, etc. Long-term, this farm right off the exit could generate revenue from billboard advertising, development of a business that services travelers, or as potential build sites for custom homes, which have been popular in the immediate area. Just 20 miles from the city of Cheney and 24 miles from Garden Plain, steep development land prices and influence from the Wichita Metro are pushing this way.

On the north side of the farm is a producing natural gas well; the seller’s royalty rights will transfer to the new owner. The royalty amounts to roughly $300 per month. There are beautiful hilltop views of the city below. This would make an excellent build site for your forever home. Couple this with a service business in a recognizable location, the future will look bright.

To make an offer, contact the Listing Agent Sean Thomas at (620) 712-2775 or sthomas@midwestlandgroup.com.