McCurdy Absolute Auction Wednesday, May 29th, 2019 at 12:00PM

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30421829
Property Subtypes: Agricultural
Status: Pending
Gross Land Area: 79.01 Acres
Sale Price: See Agent
Sale Terms: Other
Up For Auction: Yes
Auction Type: Absolute
Cap Rate: Undisclosed
Last Updated: 6/11/2019

Overview / Comments

NO MINIMUM, NO RESERVE!!! Opportunity to purchase 79+/- acres of agricultural land with development potential! This property is located on the NW corner of 87th & 159th - only 7 miles east of Derby. The property is zoned Rural Residential. Oil, gas, and mineral rights transfer to buyer.

The land is currently leased by a tenant farmer for an annual cash rent of $1,850. The total rent amount was paid up front and will be pro-rated at closing. The tenant farmer planted hay which will be harvested in July or August, and corn which will be harvested in September – crops do not transfer. The lease expires September 30, 2019 and the new owner can take possession no later than October 1, 2019.

Rural Water connections may be available. It will be the responsibility of the buyer to comply with any requirements imposed by the Rural Water District Sedgwick County #3 to service to the property.

Don’t miss out on this fantastic opportunity!

DISCLOSURES
Crops do not transfer with property. | The land is currently leased by a tenant farmer for an annual cash rent of $1,850. The total rent amount was paid up front and will be pro-rated at closing. The tenant farmer planted hay which will be harvested in July or August, and corn which will be harvested in September – crops do not transfer. The lease expires September 30, 2019 and the new owner can take possession no later than October 1, 2019.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087231120410000101
Zoning: RURAL RESIDENTIAL
Legal Description: E1/2 SE1/4 SEC 12-29-2E
Area Description: 79+/- acres of agricultural land with development potential! This property is located on the NW corner of 87th & 159th - only 7 miles east of Derby.
Zoning Description: Rural Residential
In Flood Plain?: Yes
Topography: Level
Easements Description: Oil, gas, and mineral rights transfer to buyer.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,816 16,183
Median Age: 36.7 37.1
Households: 1,968 5,691

Contact

Photograph of Listing Agent

Megan Rae Niedens

McCurdy Auction, LLC
KSCRE Member
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