Buying Land for Sale in Kansas in 2022

Published: 04-19-22    Category: Buying

Specializes in providing actionable insights into the commercial real estate space for investors, brokers, lessors, and lessees. He covers quarterly market data reports, investment strategies, how-to guides, and top-down perspectives on market movements.

Buying land in Kansas in 2022

While Kansas has a reputation for being nothing but flat land and cropland, the truth is that there’s a lot more to Kansas than meets the eye. Buying land for sale in Kansas requires looking at the trends in the marketplace right now.

This means everything from pertinent state news to big land acquisitions and developments.

A deep dive is in order to examine a few things:

  • Is buying land for sale in line with common commercial real estate objectives?
  • Are current state initiatives helpful or harmful to the land buying process?
  • Will any major restrictions or changes in public sentiment prevent good profit?

Following guides like this while looking at the available free commercial real estate listings is never a bad idea.

Paring down the available options until you find the land that works for your needs is far better than getting overwhelmed by what’s available.

The Battle Over Dropping Water Levels in Kansas

The battle over water isn’t one that’s unique to Kansas, but it is a topic that should give plenty of potential land buyers food for thought.

Indeed, the water levels in Kansas are dropping and not being refilled at the rate of water used even in a single year. This has a strong impact on land values and could signal reduced value in the years to come.

Leveraging Land for Sale in Kansas

Farmers need water for irrigating crops and are continuing to use farmland to the highest advantage.

However, this topic isn’t all doom and gloom. While it’s true that agriculture is highly concerned about the decreased water values, that doesn’t mean that the land itself can’t be useful or investors.

Buying land in Kansas can be more about having open space to build something different for commercial purposes, not just growing crops. The right piece of land could be perfect for hunting leases or even building outdoor event space.

The State’s Rise in Population Increase Programs

Topeka kicked off a weird idea at the time: why not give cash in exchange for people relocating to the city? One of the hardest parts about growing a stagnant economy is getting workers and skilled professionals to come back, but the money incentive works quite well.

Those interested in buying land have to think long term, which means looking at a few factors:

  • Are communities in a growth phase? The more people interested in using the land, the more the value will hold.
  • Topeka is focused on retaining people. What happens when the money stops or priorities shift?
  • Is it possible that cities like Topeka will make offers on the land, or could a developer make an even better offer in the future?
  • Is it wiser to hold the land for future speculation or try to offload it as soon as possible and move on?

Buying land in Kansas is not always at the top of everyone’s list, but there are always opportunities to be had with a little creativity. Buying and improving land for sale is lucrative for many, but it can take time for some areas to truly improve to the point where profit is possible.

The Remote Worker Movement: A Game Changer?

Land demand for Kansas could easily change due to the Great Resignation, which wasn’t possible before. People had to stay very close to work to beat morning commute times in the past.

Now the remote work movement is in full swing, which means that someone could work for a California-based company but move their family closer to their folks in Kansas.

Skilled professionals whose total compensation packages aren’t based on location stand to gain the most. By moving away from the high cost of living areas to lower cost of living areas like Kansas, the change is great enough to effectively give themselves a raise.

Could Greenhouses Provide New Uses for Land for Sale in Kansas?

Getting creative is a valuable skill across the entire commercial real estate spectrum, and greenhouses are certainly a creative idea indeed.

Think about it: if there’s land that needs to be used, but the land isn’t quite up to intensive crops, greenhouses are a great alternative.

Here are a few benefits of switching to greenhouse gardening for commercial gain:

  • Much more control over inputs vs. traditional gardening and farming techniques.
  • Greater plant yields because insects and animals are kept at bay vs. the natural environment.
  • Since controls are increased, most greenhouse yields are healthier, with many plant negatives removed.
  • The temperature inside the greenhouse is warmer, leading to the ability to extend the growing season for longer than what would be available naturally.
  • Multiple soils and plants can be used and grown in the same space, giving rise to new experiments and plant products.

Greenhouse farming also can help make the most out of a smaller parcel of land. This is good because it is always recommended that people new to buying land for sale take their time with a smaller parcel before they start talking about a hundred acres.

Tying It All Together With an Initial Land Purchase

Whether you’re going solo or hunting for land with a broker, it’s important to sit down and build a real action plan for success. After looking at free listings for sale, the worst thing that anyone can do is to jump down to the seller’s office with an offer that doesn’t reflect the land.

If you go too high in terms of the offer, you’re letting too much money leave your pocket. On the other hand, a high-priced land listing met with a weak offer signals that not enough time was spent researching the land’s value.

Even if you’re newer to CRE, minimizing things like this is the best way to look less like a rookie and more like a seasoned pro.

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