29040 Bethel Church Road

Paola, KS 66071

About this property

A rare, income-producing rural property in one of the fastest-growing suburban corridors in the Midwest. This 159-acre Kansas farm provides multiple income streams active oil production, farm lease, Documented hay production and exceptional hunting ground while sitting just 35 miles from Overland Park, 10 Miles from Hillsdale Lake and a 1/2 mile from Blacktop. This property is exceptional featuring 23 Dry land acres, 136 acres of established tame grass ready for cattle immediately and Two Ponds. The property has electricity and rural water already established. Multiple outbuildings including 64 x 40 Utility Building in great shape. The seller holds a 100% Working Interest in the Reynolds oil Lease and 87.5% working interest as well as a 6.178258% royalty interest in the Brooks oil lease meaning the buyer steps into an ownership stake in active oil production. The entire service infrastructure was selected for hands-off ownership and transitions seamlessly to a new owner. Currently the property has 38 active wellbores with Up to 50 wells possible on the property to increase production. Over a 29 month span, net oil revenue of $355,776 has been generated, and daily average oil production is 6.2/bbl. This is a one of a kind property perfect for the farmer, hunter, homesteader or investor looking for a great tract of land with multiple income streams.

About this property

A rare, income-producing rural property in one of the fastest-growing suburban corridors in the Midwest. This 159-acre Kansas farm provides multiple income streams active oil production, farm lease, Documented hay production and exceptional hunting ground while sitting just 35 miles from Overland Park, 10 Miles from Hillsdale Lake and a 1/2 mile from Blacktop. This property is exceptional featuring 23 Dry land acres, 136 acres of established tame grass ready for cattle immediately and Two Ponds. The property has electricity and rural water already established. Multiple outbuildings including 64 x 40 Utility Building in great shape. The seller holds a 100% Working Interest in the Reynolds oil Lease and 87.5% working interest as well as a 6.178258% royalty interest in the Brooks oil lease meaning the buyer steps into an ownership stake in active oil production. The entire service infrastructure was selected for hands-off ownership and transitions seamlessly to a new owner. Currently the property has 38 active wellbores with Up to 50 wells possible on the property to increase production. Over a 29 month span, net oil revenue of $355,776 has been generated, and daily average oil production is 6.2/bbl. This is a one of a kind property perfect for the farmer, hunter, homesteader or investor looking for a great tract of land with multiple income streams.

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$1,400,000 Active
0 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Area Information

380 Miami County | KS | Miami County | Other

$ 1,400,000
This listing is play_arrow 419.1% higher than the average in the area
$ 269,700 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
107 days on site
This listing is play_arrow 20.9% above the average in the area
89 days on site in the area

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Listed By Nick Gadwood
Brokerage: NextHome Gadwood Group

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