Avenue J, Lot#WP001 , Chase, KS 67524(Rice County)

This farm is located just two miles north and three miles west of Chase, KS, at the intersection of Avenue J and 5th Rd. This property offers easy access via well-maintained roads. The nearest blacktop road is 6th Rd, coming north off of Hwy 56, which leaves only 1.5 miles of gravel road to the property. This tract is made up of 155.9+/- total acres consisting of 152.98+/- acres of tillable. Traditionally, this property has been rotated between wheat, soybeans, and grain sorghum, with the average yields as follows: wheat (36 avg.), soybeans (26 avg.), and grain sorghum (88 avg.). A saltwater disposal well has replaced the previous oil well and is currently in use. The new owner will receive 50% of the lease income produced by this well, providing additional income to the property. Overall, this is an excellent opportunity for a farmer or investor alike, whether adding to your operation or investment portfolio. A portion of the farm is in wheat 1/3 to 2/3 crop share program with the tenant, and the new owner will be eligible for some of that income produced based on the timing of the potential sale. The balance of the farm is open tenancy for 2024.