Wellington, KS 67152,00000 E 40th Ave N
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Wellington, KS 67152,00000 E 40th Ave N
Wellington, KS 67152,00000 E 40th Ave N
Wellington, KS 67152,00000 E 40th Ave N
Wellington, KS 67152,00000 E 40th Ave N
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Listed by Heather Stewart • Coldwell Banker Plaza Real Estate
$ 349,200
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00000 E 40th Ave N Wellington, KS 67152

77.6 Acres Lot


UPDATED:

07/24/2024 09:56 PM

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Subdivision None Listed On Tax Record

MLS Listing ID SCK639701

Originating Board sckansas

Annual Tax Amount $546

Tax Year 2023

Lot Size 77.600 Acres

Acres 77.6

Lot Dimensions 77.6

Property Description

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: ? 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. ? Agricultural Income: With fertile land perfect for crop cultivation, this property generates an additional $4,000 to $5,000 per year from agricultural activities. ? Nature & Wildlife: A creek and draw run through a portion of the land, providing potential for various recreational activities for hunting or wildlife watching. ? 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.

Location

State KS

County Sumner

Zoning Agriculture

Direction Hwy 81 & 50th Ave N, W to Ridge, S to Property. Land sits at NW corner of 40th & Ridge.

Interior

Fireplace No

Exterior

Utilities Available Electricity

View Y/N Yes

Present Use Tillable,Other - See Remarks

Street Surface Gravel

Schools

Elementary Schools Eisenhower

Middle Schools Wellington

High Schools Wellington

School District Wellington School District (Usd 353)

Others

Miscellaneous Mineral Rights Included,No Crops Included


Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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00000 E 40th Ave N