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Cheyenne County, KS · Sold

KS-117045

5821 County Road 227

$478,000
$2,904/ac · 165 ac
Acreage165 ac
Price per acre$2,904/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJul 19, 2026
Coordinates39.7632, -101.7486
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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

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,443 ft of deeded road frontage.

Power143 ft away

Power at or near the road.

Buildable area138.08 of 164.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$381,230
$296,988$465,471 · $2,316/ac on 165 ac
Asking vs estimate
+25.4%
Priced above the comp set

Weighted from 9 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 $478,000
Maximum allowable offer
$217,846
$1,323/ac · +30.0% target margin

You need $260,154 off asking to hit this margin.

All-in cost$236,363
Net resale$350,731
Projected profit$114,368
ROI+48.4%
Annualized+69.2%
Break-even resale$1,561/ac
Profit if resale lands off target
-20%
$44,222
-10%
$79,295
0%
$114,368
+10%
$149,442
+20%
$184,515
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-986645
Gravel · Power at road
123.2Jun 15, 2026$337,3002,7382,1966.8 mi
81
KS-967685
Landlocked · Full utilities
261.7Apr 7, 2026$435,9001,6661,9955.0 mi
75
KS-868533
Landlocked · Off grid
483.7Jul 27, 2026$542,1001,1212,2802.5 mi
72
KS-915651
Gravel · Power at road
60.0Jan 2, 2026$234,5003,9102,6952.6 mi
69
KS-146616
Landlocked · Full utilities
120.6Oct 5, 2024$227,9001,8891,9454.6 mi
69
KS-198634
Dirt · Off grid
520.4Dec 27, 2025$659,4001,2672,1344.9 mi
67
KS-548367
Dirt · Full utilities
428.9Dec 20, 2024$1,357,7003,1663,6513.1 mi
65
KS-706173
Paved · Full utilities
87.5Mar 17, 2025$350,8004,0082,1587.0 mi
64
KS-698255
Landlocked · Off grid
395.5Feb 12, 2025$355,2008981,8259.4 mi
60
Show adjustment detail for the top comp
  • Tract size (123.2 ac → 164.61 ac)-7.4%
  • Access (Gravel → Dirt)-14.0%
  • Market time (2 mo)+0.7%

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.