1485 E 8th Ave, Kingman, KS 67068 - Kingman County

Are you looking for the right amount of acreage to build on close to town but still have the country feel? Well, look no further because this 26-acre parcel of land directly outside of Kingman is for you.

Located on 8th St, only 1 mile east of S Main St, this property is located directly in the path of progress and offers an amazing opportunity to create your dream property. The land provides unlimited potential and would be perfect for anyone looking to build, farm or invest in land.

26 +/- acres

Tillable

Level

8th St Road frontage

1 mile east of S Main St

Zoned Agricultural

There is a current and active gas lease operating on the land that is generating a royalty income. The mineral rights to this land to transfer to the new buyer and the buyer will receive a portion of that income. The portion they will receive will be determined based upon how much acreage they purchase and the percentage that the acreage makes up of the entire land the lease is on. The royalty is a 1/8 royalty that has historically been producing payments to the owner of $750+/- a month, please note that this will fluctuate with current market prices for natural gas. If you have any questions, please contact the auction manager.

Taxes on the individual parcels will be estimated at closing as final amounts will not be available until such time as the lot split is finalized.

Please see survey to reference parcel 1.