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Cheyenne County, KS · Sold

KS-986645

602 County Road 197

$377,700
$3,066/ac · 123 ac
Acreage123 ac
Price per acre$3,066/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJul 8, 2025
Coordinates39.7850, -101.6228
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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
15
Low risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,277 ft of deeded road frontage.

Power238 ft away

Power at or near the road.

Buildable area102.29 of 123.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$379,826
$286,548$473,104 · $3,083/ac on 123 ac
Asking vs estimate
-0.6%
In line with the comp set

Weighted from 7 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 $377,700
Maximum allowable offer
$217,043
$1,762/ac · +30.0% target margin

You need $160,657 off asking to hit this margin.

All-in cost$235,492
Net resale$349,440
Projected profit$113,948
ROI+48.4%
Annualized+69.3%
Break-even resale$2,078/ac
Profit if resale lands off target
-20%
$44,060
-10%
$79,004
0%
$113,948
+10%
$148,892
+20%
$183,836
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-117045
Dirt · Power at road
164.6Jul 27, 2026$497,1003,0203,7996.8 mi
82
KS-146616
Landlocked · Full utilities
120.6Oct 5, 2024$227,9001,8892,4423.9 mi
79
KS-915651
Gravel · Power at road
60.0Jan 2, 2026$234,5003,9103,3837.5 mi
77
KS-967685
Landlocked · Full utilities
261.7Apr 7, 2026$435,9001,6662,5045.5 mi
75
KS-706173
Paved · Full utilities
87.5Mar 17, 2025$350,8004,0082,7097.1 mi
69
KS-698255
Landlocked · Off grid
395.5Feb 12, 2025$355,2008982,2915.3 mi
64
KS-548367
Dirt · Full utilities
428.9Dec 20, 2024$1,357,7003,1664,5844.2 mi
59
Show adjustment detail for the top comp
  • Tract size (164.61 ac → 123.2 ac)+8.0%
  • Access (Dirt → Gravel)+16.3%

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.