00000 E 40th Ave N
Wellington,
KS
67152
Property Details
| List Price: |
$349,200 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
Coldwell Banker Plaza Real Estate |
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Description/Comments
| Lot Size: |
77 acre(s) |
| Property Type: |
Lots And Land |
| Year Built: |
-- |
| Notes: |
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. |
| MlsNumber: |
639701 |
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| Listing Provided By: |
Coldwell Banker Plaza Real Estate, original listing |
| Name: |
Coldwell Banker Plaza Real Estate |
| Phone: |
(316) 686-7121 |
| Office Name: |
Coldwell Banker Plaza Real Estate |
| Office Phone: |
(316) 686-7121 |
| Agent Name: |
Heather Stewart |
| Disclaimer: |
Copyright © 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. |
