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Cheyenne County, KS · Sold

KS-868533

240 County Road 233

$526,800
$1,089/ac · 484 ac
Acreage484 ac
Price per acre$1,089/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedOct 30, 2025
Coordinates39.7289, -101.7324
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Cheyenne County, Kansas. Flint Hills grazing and dryland wheat ground; large tracts, thin margins.

View Cheyenne market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,312 ft away

A long utility run — price in solar/off-grid instead.

Buildable area452.64 of 483.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$598,797
$433,325$764,268 · $1,238/ac on 484 ac
Asking vs estimate
-12.0%
Priced below the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $526,800
Maximum allowable offer
$342,170
$707/ac · +30.0% target margin

You need $184,630 off asking to hit this margin.

All-in cost$371,254
Net resale$550,893
Projected profit$179,639
ROI+48.4%
Annualized+69.2%
Break-even resale$834/ac
Profit if resale lands off target
-20%
$69,460
-10%
$124,549
0%
$179,639
+10%
$234,728
+20%
$289,817
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-198634
Dirt · Off grid
520.4Dec 27, 2025$659,4001,2671,0513.8 mi
82
KS-967685
Landlocked · Full utilities
261.7Apr 7, 2026$435,9001,6669833.1 mi
77
KS-548367
Dirt · Full utilities
428.9Dec 20, 2024$1,357,7003,1661,7992.8 mi
74
KS-698255
Landlocked · Off grid
395.5Feb 12, 2025$355,20089889910.7 mi
74
KS-117045
Dirt · Power at road
164.6Jul 27, 2026$497,1003,0201,4912.5 mi
72
Show adjustment detail for the top comp
  • Tract size (520.44 ac → 483.72 ac)+2.2%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (8 mo)+2.7%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.