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Real-estate firm pitches marketing and pricing options for Atchison County Lake
Summary
Midwest Land Group presented Thursday to Atchison County commissioners, estimating fair-market recreational land value at roughly $51.57 per acre and recommending a preliminary list price in the $1.06M–$1.64M range depending on surface acreage, siltation and amenities; commissioners requested more details on dredging costs, easements and leases.
Midwest Land Group told the Atchison County Commission on Dec. 17 that the county-owned Atchison County Lake could attract strong buyer interest but will require more due diligence to set a firm price.
Drew Yarkovsky, representing Midwest Land Group, reviewed a marketing presentation covering property history, utilities, existing leases, access and comparable sales within a 30-mile radius. He said typical recreational properties in the area produce “low fives” per-acre values on sold comps, calculating a fair-market recreational value of about $51.57 per acre from recent sales. Because…
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