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Sherman County, KS · Sold

KS-504021

7002 County Road 108

$51,900
$2,819/ac · 18.41 ac
Acreage18.41 ac
Price per acre$2,819/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedApr 11, 2024
Coordinates39.3104, -101.7961
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

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
22
Low risk
Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

508 ft of deeded road frontage.

Power51 ft away

Power at or near the road.

Buildable area14.36 of 18.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$67,375
$55,836$78,915 · $3,660/ac on 18.41 ac
Asking vs estimate
-23.0%
Priced below the comp set

Weighted from 10 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 $51,900
Maximum allowable offer
$38,500
$2,091/ac · +30.0% target margin

You need $13,400 off asking to hit this margin.

All-in cost$41,773
Net resale$61,985
Projected profit$20,213
ROI+48.4%
Annualized+69.3%
Break-even resale$2,466/ac
Profit if resale lands off target
-20%
$7,816
-10%
$14,014
0%
$20,213
+10%
$26,411
+20%
$32,610
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-734399
Landlocked · Power at road
24.2Jul 27, 2026$50,9002,1013,2106.3 mi
82
KS-844526
Dirt · Full utilities
26.5Jul 27, 2026$109,0004,1074,1236.0 mi
79
KS-893567
Landlocked · Power at road
13.3Jun 11, 2026$25,6001,9302,75910.7 mi
77
KS-753511
Landlocked · Power at road
12.7Sep 13, 2025$42,4003,3334,8912.1 mi
76
KS-305124
Dirt · Off grid
40.9Jul 27, 2026$99,4002,4293,7645.0 mi
73
KS-382621
Gravel · Power at road
6.7Jul 27, 2026$19,9002,9722,72510.2 mi
72
KS-424337
Landlocked · Power at road
23.1Sep 14, 2024$55,2002,3863,9075.1 mi
72
KS-285629
Gravel · Power at road
59.0Feb 3, 2026$173,4002,9393,6514.5 mi
70
KS-584959
Paved · Off grid
36.3Aug 8, 2024$121,1003,3333,9873.4 mi
68
KS-512341
Landlocked · Power at road
5.5May 22, 2025$14,0002,5743,6035.5 mi
62
Show adjustment detail for the top comp
  • Tract size (24.21 ac → 18.41 ac)+3.7%
  • Access (Landlocked → Gravel)+47.1%

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.