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Cheyenne County, KS · Sold

KS-548367

979 County Road 225

$1,259,500
$2,937/ac · 429 ac
Acreage429 ac
Price per acre$2,937/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMar 9, 2024
Coordinates39.7539, -101.6908
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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
19
Low risk
Wetlands18.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,271 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area332.90 of 428.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$893,083
$743,051$1,043,116 · $2,082/ac on 429 ac
Asking vs estimate
+41.0%
Priced above the comp set

Weighted from 6 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 $1,259,500
Maximum allowable offer
$510,333
$1,190/ac · +30.0% target margin

You need $749,167 off asking to hit this margin.

All-in cost$553,711
Net resale$821,637
Projected profit$267,925
ROI+48.4%
Annualized+69.2%
Break-even resale$1,403/ac
Profit if resale lands off target
-20%
$103,598
-10%
$185,762
0%
$267,925
+10%
$350,089
+20%
$432,253
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-868533
Landlocked · Off grid
483.7Jul 27, 2026$542,1001,1212,1142.8 mi
85
KS-198634
Dirt · Off grid
520.4Dec 27, 2025$659,4001,2671,9796.6 mi
79
KS-967685
Landlocked · Full utilities
261.7Apr 7, 2026$435,9001,6661,8492.6 mi
78
KS-117045
Dirt · Power at road
164.6Jul 27, 2026$497,1003,0202,8063.1 mi
76
KS-698255
Landlocked · Off grid
395.5Feb 12, 2025$355,2008981,6928.2 mi
72
KS-986645
Gravel · Power at road
123.2Jun 15, 2026$337,3002,7382,0364.2 mi
69
Show adjustment detail for the top comp
  • Tract size (483.72 ac → 428.91 ac)+3.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.