← New search
Reno County, KS · Sold

KS-718775

4048 County Road 187

$987,300
$1,713/ac · 576 ac
Acreage576 ac
Price per acre$1,713/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJan 21, 2026
Coordinates37.9733, -98.1939
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

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

View Reno market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area529.51 of 576.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$782,975
$650,854$915,096 · $1,358/ac on 576 ac
Asking vs estimate
+26.1%
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 $987,300
Maximum allowable offer
$447,414
$776/ac · +30.0% target margin

You need $539,886 off asking to hit this margin.

All-in cost$485,444
Net resale$720,337
Projected profit$234,893
ROI+48.4%
Annualized+69.2%
Break-even resale$915/ac
Profit if resale lands off target
-20%
$90,825
-10%
$162,859
0%
$234,893
+10%
$306,927
+20%
$378,960
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-338966
Paved · Full utilities
661.9Oct 14, 2025$1,262,8001,9081,7467.8 mi
77
KS-897845
Gravel · Off grid
293.9May 21, 2025$294,2001,0011,2373.6 mi
74
KS-899247
Gravel · Full utilities
811.4Jun 27, 2025$1,117,7001,3771,6039.2 mi
73
KS-267963
Gravel · Power at road
320.1Mar 7, 2025$348,6001,0891,1824.5 mi
69
KS-279265
Landlocked · Power at road
822.0Oct 9, 2023$465,9005671,2701.6 mi
68
KS-747210
Paved · Off grid
185.5Jan 18, 2025$302,0001,6281,5160.5 mi
62
KS-967666
Dirt · Power at road
258.1Oct 13, 2025$250,0009681,12112.5 mi
62
KS-287118
Dirt · Power at road
173.6Mar 18, 2025$180,8001,0421,1042.3 mi
61
Show adjustment detail for the top comp
  • Tract size (661.94 ac → 576.4 ac)+4.3%
  • Access (Paved → Gravel)-15.3%
  • Market time (10 mo)+3.5%

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.