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Sheridan County, KS · Sold

KS-347716

3931 County Road 46

$387,100
$1,446/ac · 268 ac
Acreage268 ac
Price per acre$1,446/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMay 31, 2026
Coordinates39.4133, -100.4973
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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

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

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope22.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,324 ft of deeded road frontage.

Power7,782 ft away

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

Buildable area152.23 of 267.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$437,811
$334,606$541,016 · $1,636/ac on 268 ac
Asking vs estimate
-11.6%
Priced below the comp set

Weighted from 6 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 $387,100
Maximum allowable offer
$250,178
$935/ac · +30.0% target margin

You need $136,922 off asking to hit this margin.

All-in cost$271,443
Net resale$402,786
Projected profit$131,343
ROI+48.4%
Annualized+69.2%
Break-even resale$1,102/ac
Profit if resale lands off target
-20%
$50,786
-10%
$91,064
0%
$131,343
+10%
$171,622
+20%
$211,900
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-847304
Gravel · Full utilities
198.6Jul 27, 2026$466,4002,3491,2961.0 mi
83
KS-547500
Gravel · Off grid
228.9Jul 24, 2024$377,3001,6491,4732.1 mi
75
KS-818546
Gravel · Off grid
488.3Jul 27, 2026$937,0001,9191,97511.4 mi
74
KS-808797
Gravel · Power at road
585.7Apr 6, 2026$1,361,1002,3242,1765.2 mi
70
KS-318920
Dirt · Power at road
640.3Dec 11, 2025$614,5009601,0884.8 mi
70
KS-258991
Dirt · Full utilities
674.0Jul 9, 2025$1,313,1001,9481,87110.3 mi
68
Show adjustment detail for the top comp
  • Tract size (198.58 ac → 267.64 ac)-8.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.