73.77 +/- Acres in Russell County, KS

$295,080.00
US Hwy 281
Russell, Kansas
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Posted 18 hours, 1 minute ago
Expires in 6 days, 5 hours
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Description

Located on the Russel/Barton County line along Highway 281, we have 73.77 acres of high-class farm ground for sale. This property is nearly 100% farm ground with approximately 68 acres currently planted to a wheat crop. 5 acres of land sit across the highway to the east in a pie-shaped piece. The small tract of land is not being farmed and can be converted into whatever the new owner desires. The property is currently under a farm lease with a tenant paying in cash rent annually. Call one of the listing agents to get the exact cash rent amounts. A new buyer will gain possession of the property once the 2024 wheat crop is harvested. Wheat, soybeans, and milo are the dominant crops within this area, and you can expect an average rainfall to fall between 22 - 24 inches annually. One oil well and a saltwater disposal well exist on the property. A small portion of oil revenue will be included with this sale, with 50% of the mineral rights being intact and transferring (.0625 Interest). This is a great opportunity to purchase a very flat lying tract of farm ground with great access along Highway 281. Please call the listing agent, Mitch Keeley and Adam Hann, if you have more questions about the property before it sells.

  • Located along Hwy 281 on the Russell/Barton County line

  • Nearly 100% cropland with very flat contour and high-class soils

  • 68 acres is currently planted to wheat.

  • 5 acres is idle ground with immediate possession on the east side of the highway

  • 1 oil well and 1 saltwater disposal well exist on the property

  • 50% of the mineral rights will transfer to a new buyer

  • Possession on wheat acres will fall after 2024 harvest

  • A cash rental agreement is in place with Seller and Tenant

  • Northwest 230 Road borders this property along the south side

Contact Land Specialists Adam Hann (785-259-2469) or Mitch Keeley (785-259-0492) for more details.

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