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Kay County, OK · Sold

OK-828861

1128 County Road 278

$978,500
$1,994/ac · 491 ac
Acreage491 ac
Price per acre$1,994/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedSep 15, 2024
Coordinates36.8665, -97.1028
Loading terrain…
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

Kay County, Oklahoma. Cross Timbers hunting tracts and cattle ground; mineral rights often severed.

View Kay market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands40.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

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.

Power242 ft away

Power at or near the road.

Buildable area275.54 of 490.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$875,789
$711,364$1,040,213 · $1,785/ac on 491 ac
Asking vs estimate
+11.7%
Priced above the comp set

Weighted from 8 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 $978,500
Maximum allowable offer
$500,451
$1,020/ac · +30.0% target margin

You need $478,049 off asking to hit this margin.

All-in cost$542,989
Net resale$805,726
Projected profit$262,736
ROI+48.4%
Annualized+69.2%
Break-even resale$1,203/ac
Profit if resale lands off target
-20%
$101,591
-10%
$182,164
0%
$262,736
+10%
$343,309
+20%
$423,881
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OK-199290
Dirt · Power at road
669.6Dec 26, 2025$1,113,4001,6632,1826.8 mi
76
OK-139877
Dirt · Full utilities
1024.5Apr 15, 2026$1,594,8001,5571,8864.9 mi
71
OK-376941
Gravel · Off grid
122.1Mar 7, 2026$212,6001,7411,4079.3 mi
68
OK-157563
Gravel · Off grid
191.7Aug 3, 2025$307,7001,6061,4993.2 mi
68
OK-577051
Landlocked · Off grid
132.3May 30, 2026$201,2001,5211,8284.2 mi
67
OK-376841
Dirt · Power at road
113.6Mar 22, 2026$247,7002,1811,7077.8 mi
64
OK-886843
Landlocked · Full utilities
113.8Jul 15, 2026$332,4002,9222,34112.4 mi
62
OK-366678
Paved · Full utilities
100.9Sep 10, 2023$265,1002,6261,3172.0 mi
54
Show adjustment detail for the top comp
  • Tract size (669.64 ac → 490.77 ac)+9.9%
  • Access (Dirt → Gravel)+16.3%
  • 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.