Here it is, an investor's delight. A 175 +/- acre farm that has historically been a cash cow for the landowners. A gorgeous income-producing property sitting just 5 minutes west of Gardner in Johnson County, Kansas. The property has multiple streams of income, from high-quality tillable land, great oil production, and a rental house with an onsite tenant. 100% of the mineral rights are owned by the seller and transferred with the sale. The production history of the oil has been fantastic, with over 84,000 barrels of oil being produced since 2006. In the previous 10 years, the annual average production is 4,491 barrels per year. If you were to value that at today's market price, that's over $341k in gross revenue. The landowners pay a modest salary to the operator. The farmhouse is rented, with a current tenant, and the farm ground is rotated each year. Excellent soil quality, 2 sides of ...
Here it is, an investor's delight. A 175 +/- acre farm that has historically been a cash cow for the landowners. A gorgeous income-producing property sitting just 5 minutes west of Gardner in Johnson County, Kansas. The property has multiple streams of income, from high-quality tillable land, great oil production, and a rental house with an onsite tenant. 100% of the mineral rights are owned by the seller and transferred with the sale. The production history of the oil has been fantastic, with over 84,000 barrels of oil being produced since 2006. In the previous 10 years, the annual average production is 4,491 barrels per year. If you were to value that at today's market price, that's over $341k in gross revenue. The landowners pay a modest salary to the operator. The farmhouse is rented, with a current tenant, and the farm ground is rotated each year. Excellent soil quality, 2 sides of road frontage, and a tremendous amount of upside make this investment opportunity extremely unique for this market. Give Shay Haddock a call today for more information!
Property Features
-Excellent oil production with history
-42 producing wells
-2 sides road frontage
-Amazing location in Johnson County, KS
-5 minutes west of Gardner
-Tillable land income
-Rental house income
-Utilities at the road
-Current operator in place to run the oil process
-A unique investment opportunity with major upside
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationWest of Gardner at the intersection of 175th and Sunflower Road
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