00000 E 40th Ave N , Wellington, KS 67152
Wellington, KS 67152
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.
Details
| Mls | 639701 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Days On Site | 193 |
| Listing Provided By | Coldwell Banker Plaza Real Estate | Heather Stewart |
Features
| Zoning | Agriculture |
|---|---|
| Acreage | 77.60 |
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Learn More About This Property
| State | KS |
|---|---|
| County | Sumner |
| City | Wellington |
| Zip Code | 67152 |
| Area | SCKMLS |
| Community Name | NONE LISTED ON TAX RECORD |
| School District | Wellington |
| Elementary School | Eisenhower |
| Middle School | Wellington |
| High School | Wellington |
| Listing VS Median (in NONE LISTED ON TAX RECORD) | |
Price: $349,200 low | high Med: $204,950 On Site: 193 low | high Med: 31.000000 | |