22072 Valley RdLinn Valley, KS 66040

For Sale
$2,790,000

8.8 Acres, $2.79M, High-Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional 8.8-acre commercial land parcel in Linn Valley, Kansas, listed at $2,790,000. This property presents a unique investment opportunity with significant upside potential. Improvements include a completely remodeled rental unit complex (2022), a covered pavilion/picnic area, and high-speed internet access (1 Gb fiber). The property's strategic location adjacent to La Cygne Lake, a year-round fishing lake, ensures consistent demand. The lake hosts fishing tournaments and attracts seasonal workers from the nearby power plant. The area also sees significant seasonal activity from hunters (deer hunting season October-December) and tourists attending weddings, family reunions, etc. This is the only rental property of its kind in the area, catering to a diverse clientele. The property's proximity to the Marais Des Cygne Wildlife Area further enhances its appeal. The asking price includes a 10% cap rate and a 10% management fee, with offsite management in place. Expansion opportunities exist, including the potential to add RV spaces for additional revenue streams. This property offers a compelling combination of existing income and future development possibilities in a high-demand location. The property is located at 22072 Valley Rd, La Cygne, KS 66040.

Highlights

  • 8.8-acre property with expansion potential.
  • Planned RV spaces for added income.
  • All units fully remodeled in 2022; new covered pavilion added.
  • 1 Gigabit fiber optic internet; high-speed Wi-Fi throughout.
  • Lakefront property adjacent to La Cygne Lake, a year-round fishing lake.
  • $2,790,000 asking price, 10% cap rate, includes 10% management fee; off-site management.

Property Details for 22072 Valley Rd

Property type
Other land, Land
Lot Size (sq. ft)
383,328 SF

Location Insight

City
Linn Valley
County
Linn
State
Kansas
Latitude
38.3463573
Longitude
-94.6789269
22072 Valley Rd, Linn Valley, Kansas

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22072 Valley Rd
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