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Sherman County, KS · Sold

KS-778615

3420 County Road 220

$1,145,800
$2,232/ac · 513 ac
Acreage513 ac
Price per acre$2,232/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedSep 26, 2025
Coordinates39.4009, -101.6367
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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

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

View Sherman market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands14.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,604 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area414.99 of 513.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,240,423
$1,059,422$1,421,425 · $2,416/ac on 513 ac
Asking vs estimate
-7.6%
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 $1,145,800
Maximum allowable offer
$708,813
$1,381/ac · +30.0% target margin

You need $436,987 off asking to hit this margin.

All-in cost$769,062
Net resale$1,141,189
Projected profit$372,127
ROI+48.4%
Annualized+69.2%
Break-even resale$1,628/ac
Profit if resale lands off target
-20%
$143,889
-10%
$258,008
0%
$372,127
+10%
$486,246
+20%
$600,365
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-159825
Landlocked · Power at road
1233.3Jul 27, 2026$1,458,9001,1832,6956.6 mi
73
KS-467978
Dirt · Power at road
323.6Sep 9, 2024$582,1001,7992,3264.6 mi
68
KS-257622
Landlocked · Off grid
250.0Jan 25, 2025$362,6001,4502,5518.7 mi
66
KS-186369
Dirt · Off grid
100.9Feb 3, 2026$292,9002,9043,0384.2 mi
62
KS-285629
Gravel · Power at road
59.0Feb 3, 2026$173,4002,9391,9877.8 mi
59
KS-106125
Dirt · Power at road
84.5May 7, 2025$207,3002,4532,1546.7 mi
56
KS-396175
Gravel · Off grid
87.7May 9, 2024$190,1002,1692,0218.4 mi
55
Show adjustment detail for the top comp
  • Tract size (1233.31 ac → 513.32 ac)+31.0%
  • Access (Landlocked → Paved)+73.5%

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.