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Listed by Alex Forster • Cates Auction & Realty Co Inc
$2,999,000
Est. payment /mo
97.49 Acres Lot
Active
56 HWY Edgerton, KS 66021
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2547081
Annual Tax Amount $1,265
Lot Size 97.490 Acres
Acres 97.49
Property Sub-Type Unimproved Land
Source hmls
Property Description
Cates Auction is pleased to present for auction a rare 97.49± acre land opportunity ideally located in one of the fastest-growing industrial corridors in the Midwest. Situated just 5 miles from the BNSF Intermodal and LPKC Industrial Development—home to 15.5 million square feet of Class A warehouse space—this parcel offers exceptional access to Hwy 56 and I-35, with traffic counts of 4,169± VPD and 118,000± VPD respectively. The property features a mix of level and sloped terrain with wooded areas, over 3,100 feet of highway frontage, and is zoned agriculture (AG), providing low carrying costs and to plan for future development. Utilities, including water and power, are available at the site. Its proximity to the DeSoto Panasonic Battery Factory and other major job centers underscores the urgent need for new housing and infrastructure in the area. With an appraised value of $4.5 million in 2019, this property includes immediate income potential through the current oil lease and agricultural production, plus the option to execute a buyout agreement with the oil lease operator, offering a once-in-a-lifetime opportunity to own the land free and clear. Bidding ends on July 1st at 1 pm.
Location
State KS
County Johnson
Zoning RUR
Interior
Fireplace N
Exterior
Utilities Available Electricity Available
Building
Lot Description Acreage, City Limits, Level
Sewer None
Water Rural - Verify
Schools
School District Gardner Edgerton
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
