Toulon Avenue Investment Acreage Near Hays, KS

Discover an exceptional investment opportunity on approximately 64.254 acres of prime real estate located just northwest of the Toulon Avenue and Old HWY 40 junction, east of Hays, Kansas. This property offers blacktop access from Toulon Avenue. It is ideally situated only 1.3 miles from the Hays city limits, providing convenient connectivity to urban amenities while maintaining a spacious rural setting. Just one mile from Hays Regional Airport and a little over 1.5 miles south of the Interstate 70 Toulon Avenue exit ramp, this location presents unparalleled access for industrial, commercial, and residential development, while currently being utilized for agricultural crop production and water sales from the industrial permitted water well located on the property. With high potential for residential, industrial, agricultural, and commercial use, this land is exceptionally versatile. The actively permitted water well on the property is authorized for industrial use under Water Right File #35279. The well delivers 83 gallons per minute and an annual allotment of 5.28 million gallons, providing a valuable water resource managed by the Kansas Department of Agricultures Division of Water Resources. The well and water operation is currently situated along the frontage of Toulon Road, a concrete and blacktop road, adding further infrastructure benefits. Income generation is also currently supported through a farming lease on the 62 +/- acres of cropland for the 2026 agricultural year. The cropland consists of 93% Class II and III silt loam soils, which are highly productive soils for the area. The tenant is willing to continue the lease in future years, ensuring steady agricultural revenue into the future. Additionally, there is potential for an approximately 14-acre land lease from Union Pacific Railroad at $37.50 per acre, coinciding with the current USDA agricultural rate. The adjoining railroad abutment may offer unique opportunities for future industrial development as well. This rare and strategically located property combines excellent farmland, industrial water capabilities, and superior access to transportation corridors, making it an outstanding investment for a wide range of development possibilities. Contact the listing agents today for more information and to explore the income potential and development prospects this exceptional property has to offer.