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Sherman County, KS · Sold

KS-571910

5119 County Road 122

$18,900
$4,737/ac · 3.99 ac
Acreage3.99 ac
Price per acre$4,737/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 23, 2024
Coordinates39.4462, -101.6225
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
30
Low risk
Wetlands30.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

382 ft of deeded road frontage.

Power70 ft away

Power at or near the road.

Buildable area2.65 of 3.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,510
$13,326$19,694 · $4,138/ac on 3.99 ac
Asking vs estimate
+14.5%
Priced above 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 $18,900
Maximum allowable offer
$9,434
$2,364/ac · +30.0% target margin

You need $9,466 off asking to hit this margin.

All-in cost$10,236
Net resale$15,189
Projected profit$4,953
ROI+48.4%
Annualized+69.3%
Break-even resale$2,788/ac
Profit if resale lands off target
-20%
$1,915
-10%
$3,434
0%
$4,953
+10%
$6,472
+20%
$7,991
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-382621
Gravel · Power at road
6.7Jul 27, 2026$19,9002,9723,0523.3 mi
83
KS-491640
Dirt · Off grid
3.3May 10, 2026$10,2003,0984,25611.4 mi
76
KS-452099
Landlocked · Power at road
4.6Feb 21, 2026$12,6002,7674,17414.0 mi
76
KS-480336
Landlocked · Power at road
1.3Jul 27, 2026$3,4002,6583,8159.6 mi
73
KS-570535
Landlocked · Power at road
1.5Jul 27, 2026$5,3003,6275,2157.7 mi
72
KS-512341
Landlocked · Power at road
5.5May 22, 2025$14,0002,5744,0357.7 mi
72
KS-893567
Landlocked · Power at road
13.3Jun 11, 2026$25,6001,9303,0892.6 mi
71
KS-422006
Dirt · Off grid
4.3Jul 4, 2024$14,5003,3895,0628.8 mi
71
KS-422625
Dirt · Power at road
6.7Dec 15, 2024$18,7002,7923,5605.6 mi
68
KS-753511
Landlocked · Power at road
12.7Sep 13, 2025$42,4003,3335,47712.2 mi
60
Show adjustment detail for the top comp
  • Tract size (6.68 ac → 3.99 ac)+2.5%

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.