Kiowa Rd & 24,000 , Parsons, KS 67357(Labette County)

62 Acre Farmland for Sale in Labette County KS

This 62 acre farm located at the end of Main St on the West side of Parsons KS is a great small ROI farm that you need to take a look at. This farm features 52 acres of highly productive tillable land that is currently cash rented at $5200 a yr but that lease expires on Dec 31 2021. The renter has agreed to do another 3 year cash rent lease at $5750 a year if the buyer chooses to go that route. The farm also features a recreational lease to the neighbor that expires on Dec 31 2021 but that renter has agreed to extend that lease on a 3 yr deal at $500 a year. Property taxes are $782.24 a year so that gives you a net cash flow of $5468 a year. This 52 tillable is mostly all Hepler Silt Loam. This is a deep black bottom ground type soil that holds up well in dry weather.

The farm is located between 400 highway and 24,000 Rd (Main St) on the West Side of Kiowa Rd. You have blacktop on all 3 s...