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Sheridan County, KS · Sold

KS-318920

1551 County Road 43

$652,300
$1,019/ac · 640 ac
Acreage640 ac
Price per acre$1,019/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMar 14, 2025
Coordinates39.3761, -100.4209
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

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

View Sheridan market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope31.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,200 ft of deeded road frontage.

Power11 ft away

Power at or near the road.

Buildable area376.08 of 640.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$983,197
$796,051$1,170,344 · $1,536/ac on 640 ac
Asking vs estimate
-33.7%
Priced below 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 $652,300
Maximum allowable offer
$561,827
$878/ac · +30.0% target margin

You need $90,473 off asking to hit this margin.

All-in cost$609,582
Net resale$904,541
Projected profit$294,959
ROI+48.4%
Annualized+69.2%
Break-even resale$1,035/ac
Profit if resale lands off target
-20%
$114,051
-10%
$204,505
0%
$294,959
+10%
$385,413
+20%
$475,867
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-808797
Gravel · Power at road
585.7Apr 6, 2026$1,361,1002,3241,9742.0 mi
85
KS-818546
Gravel · Off grid
488.3Jul 27, 2026$937,0001,9191,7927.8 mi
79
KS-258991
Dirt · Full utilities
674.0Jul 9, 2025$1,313,1001,9481,6975.9 mi
79
KS-347716
Dirt · Off grid
267.6Jul 20, 2026$397,9001,4871,3534.8 mi
76
KS-847304
Gravel · Full utilities
198.6Jul 27, 2026$466,4002,3491,1763.9 mi
70
KS-839909
Gravel · Power at road
1310.7Apr 21, 2024$1,366,1001,0421,2281.9 mi
65
KS-547500
Gravel · Off grid
228.9Jul 24, 2024$377,3001,6491,3376.8 mi
57
Show adjustment detail for the top comp
  • Tract size (585.66 ac → 640.25 ac)-2.7%
  • Access (Gravel → Dirt)-14.0%
  • Market time (4 mo)+1.5%

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.