Located just 4 ½ miles SW of Ellis, KS, on Victoria Road, this quarter section offers an excellent investment opportunity! This property consists of 99.36 acres of cropland, 41.36 acres of fenced pasture, and an additional 12.3 acres enrolled in the CRP program through September 30, 2023. The cropland and pasture acres are currently leased under a cash rent farm lease for the 2024 agriculture year, with plans for all cropland to be planted to wheat in the fall of 2024. The property boasts an excellent tenant who is open to continuing the lease on the property.

A ¾ acre pond within the pasture provides adequate water for livestock and wildlife while also enhancing the natural beauty of the property. This area of the county offers good whitetail deer, upland birds, and migratory bird hunting.

Included in this offering are all of the Seller's mineral rights and the transfer of the Seller's royalty interest from one active oil well on the property. The Cleghorn 1-35 Lease oil production numbers are included in the bullet points. Contact listing agent Adam Hann for more details!

The 2023 Real Estate taxes amount to $660.80 annually. Needless to say, this farm presents a compelling opportunity for a potential net ROI in excess of 4%, which is very rare in today's land market!

Whether you're an investor searching for another great income-producing asset that you can also enjoy spending time on or a farmer/rancher looking to add more acres to your operation – this may be the land for you.

Contact the listing agents today for more details regarding this great land investment opportunity.