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Sherman County, KS · Sold

KS-467978

5316 County Road 366

$547,100
$1,691/ac · 324 ac
Acreage324 ac
Price per acre$1,691/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJun 9, 2024
Coordinates39.3647, -101.7093
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
25
Low risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope20.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power27 ft away

Power at or near the road.

Buildable area192.40 of 323.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$643,637
$539,158$748,115 · $1,989/ac on 324 ac
Asking vs estimate
-15.0%
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 $547,100
Maximum allowable offer
$367,792
$1,137/ac · +30.0% target margin

You need $179,308 off asking to hit this margin.

All-in cost$399,054
Net resale$592,146
Projected profit$193,092
ROI+48.4%
Annualized+69.3%
Break-even resale$1,340/ac
Profit if resale lands off target
-20%
$74,662
-10%
$133,877
0%
$193,092
+10%
$252,306
+20%
$311,521
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-186369
Dirt · Off grid
100.9Feb 3, 2026$292,9002,9042,5410.4 mi
75
KS-778615
Paved · Power at road
513.3Dec 11, 2025$1,018,6001,9841,7074.6 mi
75
KS-159825
Landlocked · Power at road
1233.3Jul 27, 2026$1,458,9001,1832,2544.5 mi
71
KS-257622
Landlocked · Off grid
250.0Jan 25, 2025$362,6001,4502,1348.3 mi
69
KS-106125
Dirt · Power at road
84.5May 7, 2025$207,3002,4531,8023.9 mi
64
KS-285629
Gravel · Power at road
59.0Feb 3, 2026$173,4002,9391,6624.1 mi
63
KS-396175
Gravel · Off grid
87.7May 9, 2024$190,1002,1691,6905.0 mi
55
Show adjustment detail for the top comp
  • Tract size (100.87 ac → 323.58 ac)-27.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.2%

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.