Recreational Land & Farm for Sale in Wellington, Kansas

E 40th Ave N Wellington, KS 67152

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$349,200
77.6 acres
Active sale agoEst $2,655/mo

Income-Producing Property Discover the exceptional opportunity to own 77.6 acres of versatile, income-producing land situated in the countryside near Wellington Airport. This unique property not only offers the charm of rural living but also provides significant financial benefits through its diverse income streams. Whether you're an investor looking for a robust return or someone dreaming of a country lifestyle with financial benefits, this property has it all. Key Features: o Royalty Interest (RI) Mineral Rights: The property includes valuable mineral rights, offering an oil production yield of approximately $7,000 to $10,000 annually. Enjoy the steady income from established oil production operations. o Agricultural Income: With fertile land perfect for crop cultivation, this property generates an additional $4,000 to $5,000 per year from agricultural activities. o Nature & Wildlife: A creek and draw run through a portion of the land, providing potential for various recreational activities for hunting or wildlife watching. o Location: Conveniently located near Wellington Airport, this property combines the tranquility of country living with easy access to transportation and town amenities. Investment Potential: This versatile property is an excellent investment opportunity for those seeking to diversify their portfolio with real estate that offers both immediate and long-term financial returns. The combination of oil production and agricultural income ensures a steady revenue stream, making this land a wise choice for investors and landowners alike. Seize this unique opportunity to invest in a property that offers both immediate income and long-term potential. Contact us today to learn more or to schedule a viewing.

Directions

Hwy 85 & 50th Ave N, W to Ridge, S to Property. Land sits at NW corner of 40th & Ridge.

Property details

Coordinates
37.3201, -97.4237
Community
SCKMLS
School District
Wellington School District (USD 353)
Zoning
Agriculture
Elevation
1,257 feet
MLS Number
SCKMLS 639701
Date Posted

Legal description

Parcels

  • 20191-096-108-28-0-00-00-004.00-0

Property taxes

2023
$547

Resources

This 77.6-acre property is located at E 40th Ave N in Wellington, KS 67152 with latitude 37.3201 and longitude -97.4237. The property is currently available for sale for $349,200 with a price per acre of $4,500. Listing data is sourced from South Central Kansas MLS # 639701.

Verify sale details at the property source or contact Coldwell Banker Plaza Real Estate at (316) 686-7121.

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Copyright (C) 2024 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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