McPherson County, KS · Sold

KS-858511

8125 County Road 340

$1,490,000

$3,130/ac · 476 ac

Offer report Market this tract

Acreage476 ac

Price per acre$3,130/ac

ZoningRecreational

Road accessPaved

UtilitiesOff grid

TopographyFlat

ListedMay 12, 2025

Coordinates38.3626, -97.7375

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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

McPherson County, Kansas. Flint Hills grazing and dryland wheat ground; large tracts, thin margins.

View McPherson market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands27.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

2,241 ft of deeded road frontage.

Power7,894 ft away

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

Buildable area329.70 of 476.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,136,789

$898,155 – $1,375,422 · $2,388/ac on 476 ac

Asking vs estimate

+31.1%

Priced above 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 $1,490,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$649,594

$1,364/ac · +30.0% target margin

You need $840,406 off asking to hit this margin.

All-in cost$704,809

Net resale$1,045,846

Projected profit$341,036

ROI+48.4%

Annualized+69.2%

Break-even resale$1,609/ac

Profit if resale lands off target

-20%

$131,867

-10%

$236,452

$341,036

+10%

$445,621

+20%

$550,205

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KS-378602 Paved · Off grid	508.5	Feb 2, 2026	$1,071,000	2,106	2,196	3.8 mi	90
KS-638980 Dirt · Off grid	668.7	Jul 27, 2026	$1,475,200	2,206	3,363	4.2 mi	82
KS-507984 Dirt · Power at road	325.0	Jun 9, 2025	$781,500	2,405	2,628	1.4 mi	73
KS-997729 Dirt · Power at road	270.2	Jul 27, 2026	$682,900	2,528	2,500	11.0 mi	73
KS-288073 Dirt · Power at road	346.6	Sep 30, 2025	$630,900	1,820	2,002	7.8 mi	72
KS-247948 Gravel · Off grid	316.6	Dec 2, 2024	$557,600	1,761	1,973	11.2 mi	66
KS-587039 Dirt · Power at road	163.9	Jan 29, 2025	$321,600	1,962	1,793	10.9 mi	57

Show adjustment detail for the top comp

Tract size (508.51 ac → 476.07 ac)+2.0%
Market time (6 mo)+2.2%

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.

Build the listing kit Post a deal or JV