Farm Progress

Land close to urban areas or having recreational potential brings in top dollar; Butler County land tops $8,500 per acre.

Walt Davis 1, Editor

August 30, 2017

5 Min Read
TOP PRICES: Sales prices are still very strong for land that is located near urban areas, especially if it offers good potential for future development or has recreational appeal.

Sales prices are still very strong for land near urban areas with good potential for future development as commercial or residential property.

That was the case in an April 13 auction of 75.1 acres of land near Andover.

The land lies along a blacktop highway and has good visibility for a business owner or developer. It is productive cropland with good-quality soils and is located in the Andover school district.

The property sold at auction for $8,511 per acre. The seller was not disclosed. Jake Steven and John Rupp were the sales associates for J.P. Weigand and Sons.

Pottawatomie County
Good farmland in a good location brings excellent prices, especially when there are extras such as creeks, wooded areas or other amenities conducive to recreation or hunting. One such property sold in Pottawatomie County on May 13 when 240 acres of excellent land was sold at auction.

The property included about 127 acres of cropland, with the remainder in hay meadows with a creek. The selling price was $977,000 or $4,070 per acre. The seller was Stadel Farms. Midwest Land and Home of Washington handled the sale.

Reno County
About 400 acres of Reno County dry cropland sold at auction on Aug. 8. The property was divided into two tracts.

Tract 1, about 240 acres, had 218.4 acres of dry cropland with the balance, about 90 acres, in trees and a shelterbelt. The tract was planted in soybeans with a third-share going to the buyer. The balance of the cropland is enrolled in the Conservation Reserve Program. The tract brought $1,300 per acre.

Tract 2, about 160 acres, had 119 acres of cropland planted to soybeans with a third share going to the buyer. The balance of the land, about 40 acres, is enrolled in CRP. That tract was bid in at $1,400 per acre.

The seller was Gerald and Twila Proffitt, heirs. Carr Auction and Real Estate of Larned handled the sale.

Rice County
About 30 acres of Rice County land was sold at auction on Aug. 8. The property was all dry cropland currently planted to corn with a third share going to the buyer. The property sold for $1,000 per acre. The sellers were V.G. and Jacquelyn P. Proffitt, heirs. Carr Auction and Real Estate handled the sale.

Ellis County
About 160 acres of Ellis County land with productive soils and easy access to a blacktop road was sold at auction in a deal that closed July 11. The dryland cropland also offers good hunting potential.

The seller retained all mineral rights. The property brought $1,156.25 per acre. The seller was Zahn. Farmers National Co. handled the sale.

Pawnee County
About 158 acres of Pawnee County dry crop ground was sold in an auction that closed July 13.

The property is located near Macksville and brought $921 per acre. The seller was the Robert B. and I. Louise Mater Revocable Trust. Farmers National Co. handled the sale.

Gove County
About 160 acres of Gove County cropland was sold at auction on Aug. 15. The quarter section has historically been farmed in thirds, and the buyer gets one-sixth of the 2017 corn crop. Possession of the 2017 wheat stubble acres was available immediately.

The property, which was described as “excellent cropland in a strong farming neighborhood,” was sold in one tract for $1,975 per acre. The seller was Harlan Dietz. Farm and Ranch Realty of Colby handled the sale.

Washington County
About 160 acres of land in Washington County was sold at auction on April 13. The property included 80 acres of cropland and 80 acres of pasture. The property brought $3,312 per acre. The seller was Weise. Midwest Land and Home of Washington handled the sale.

Dickinson County
About 164 acres of land sold in a June 3 auction. The property included 72 acres of dryland cropland with the rest in hay meadow. The selling price was $1,834 per acre. The seller was Stamp. Midwest Land and Home handled the sale.

Leavenworth County
About 22.4 acres of cropland being used as recreation property was sold by private treaty in Leavenworth County on June 3. The property brought $122,500 or $5,468.75 per acre. The seller was not identified. Midwest Land and Home handled the sale.

Ottawa County
About 200 acres of Ottawa County pastureland was sold by private treaty on March 30. The property brought $300,000 or $1,514 per acre. The seller was not identified. Midwest Land and Home handled the sale.

Sedgwick County
Two separate sales in Sedgwick County reflected the potential for strong prices for land that lies near urban areas with potential for future real estate development.

The first property, about 69 acres in Sedgwick County near Maize, is located near the exit of Highway K-96 and 53rd St. North in Maize. It is on blacktop road and ideal for either business or residential development. The land sold for $7,198 per acre.

In a second Sedgwick County sale, about 295 acres of land sold in three tracts. Tract 1, about 117 acres, is at the edge of Kechi and is only about 15 minutes from downtown Wichita. It includes quality soils, pasture, cropland, hunting opportunities, timber, a pond and a creek. It sold for $4,503 per acre.

Tract 2, about 29 acres, was listed as ideal for either a farming operation or as a building site for a country home. It is productive farm ground on a blacktop road and brought $4,546 per acre.

Tract 3, about 149 acres, sits along Highway 254 with easy access to Wichita. It was billed as a great investment opportunity with pasture and oil income. The tract sold for $4,149 per acre. Jake Steven and John Rupp were the sales associates for J.P. Weigand and Sons.

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