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Cheyenne County, KS · Sold

KS-198634

5532 County Road 18

$765,800
$1,471/ac · 520 ac
Acreage520 ac
Price per acre$1,471/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 18, 2025
Coordinates39.7030, -101.7964
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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

5 items to verify before you offer.

Risk index
57
High risk
Wetlands40.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,268 ft away

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

Buildable area296.16 of 520.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$806,651
$592,886$1,020,416 · $1,550/ac on 520 ac
Asking vs estimate
-5.1%
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 $765,800
Maximum allowable offer
$460,944
$886/ac · +30.0% target margin

You need $304,856 off asking to hit this margin.

All-in cost$500,124
Net resale$742,119
Projected profit$241,995
ROI+48.4%
Annualized+69.2%
Break-even resale$1,045/ac
Profit if resale lands off target
-20%
$93,571
-10%
$167,783
0%
$241,995
+10%
$316,207
+20%
$390,419
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-868533
Landlocked · Off grid
483.7Jul 27, 2026$542,1001,1211,3893.8 mi
87
KS-967685
Landlocked · Full utilities
261.7Apr 7, 2026$435,9001,6661,2166.4 mi
75
KS-548367
Dirt · Full utilities
428.9Dec 20, 2024$1,357,7003,1662,2256.6 mi
73
KS-117045
Dirt · Power at road
164.6Jul 27, 2026$497,1003,0201,8454.9 mi
72
KS-698255
Landlocked · Off grid
395.5Feb 12, 2025$355,2008981,11214.2 mi
72
Show adjustment detail for the top comp
  • Tract size (483.72 ac → 520.44 ac)-2.2%
  • Access (Landlocked → Dirt)+26.5%

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.