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Sherman County, KS · Sold

KS-305124

5376 County Road 193

$93,100
$2,275/ac · 40.93 ac
Acreage40.93 ac
Price per acre$2,275/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJun 14, 2025
Coordinates39.2706, -101.7185
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

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,498 ft away

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

Buildable area35.31 of 40.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$104,632
$84,170$125,095 · $2,556/ac on 40.93 ac
Asking vs estimate
-11.0%
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 $93,100
Maximum allowable offer
$59,790
$1,461/ac · +30.0% target margin

You need $33,310 off asking to hit this margin.

All-in cost$64,872
Net resale$96,262
Projected profit$31,389
ROI+48.4%
Annualized+69.2%
Break-even resale$1,723/ac
Profit if resale lands off target
-20%
$12,137
-10%
$21,763
0%
$31,389
+10%
$41,016
+20%
$50,642
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-844526
Dirt · Full utilities
26.5Jul 27, 2026$109,0004,1072,6671.0 mi
84
KS-734399
Landlocked · Power at road
24.2Jul 27, 2026$50,9002,1012,0772.3 mi
79
KS-285629
Gravel · Power at road
59.0Feb 3, 2026$173,4002,9392,3622.4 mi
77
KS-186369
Dirt · Off grid
100.9Feb 3, 2026$292,9002,9043,6116.9 mi
76
KS-584959
Paved · Off grid
36.3Aug 8, 2024$121,1003,3332,5792.4 mi
75
KS-106125
Dirt · Power at road
84.5May 7, 2025$207,3002,4532,5603.3 mi
69
KS-424337
Landlocked · Power at road
23.1Sep 14, 2024$55,2002,3862,5271.3 mi
67
KS-893567
Landlocked · Power at road
13.3Jun 11, 2026$25,6001,9301,78510.6 mi
65
KS-753511
Landlocked · Power at road
12.7Sep 13, 2025$42,4003,3333,1643.1 mi
64
KS-504021
Gravel · Power at road
18.4May 26, 2024$55,8003,0312,1445.0 mi
61
Show adjustment detail for the top comp
  • Tract size (26.54 ac → 40.93 ac)-7.0%
  • 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.