29040 Bethel Church Road, Paola, KS 66071

$1,500,000

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List Price
$1,500,000
MLS#
2620369
Status
ACTIVE
Type
Land
Sub Type
Unimproved Land
Lot Size
6,922,555
Acres
158.92
Subdivision
Other

Property Description

A rare, income-producing rural property in one of the fastest-growing suburban corridors in the Midwest. This 159-acre Kansas farm provides multiple income streams — active oil production, farm lease, Documented hay production and exceptional hunting ground — while sitting just 35 miles from Overland Park, 10 Miles from Hillsdale Lake and a 1/2 mile from Blacktop. This property is exceptional featuring 23 Dry land acres, 136 acres of established tame grass — ready for cattle immediately and Two Ponds. The property has electricity and rural water already established. Multiple outbuildings including 64 x 40 Utility Building in great shape. The seller holds an 87.5% working interest in the oil leases — meaning the buyer steps into an ownership stake in active oil production. The entire service infrastructure was selected for hands-off ownership and transitions seamlessly to a new owner. Currently the property has 38 active wellbores with Up to 50 wells possible on the property to increase production. This is a one of a kind property perfect for the farmer, hunter, homesteader or investor looking for a great tract of land with multiple income streams.

Additional Information

School District
Paola
Lot Description
Acreage, Corner Lot, Pond(s)
Sewer
Septic Tank
Water
Rural
Taxes
$911
Zoning
AG

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Calculator source: Real Geeks

Listing courtesy of Nick Gadwood of NextHome Gadwood Group.

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