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Sherman County, KS · Sold

KS-424337

326 County Road 119

$59,400
$2,566/ac · 23.15 ac
Acreage23.15 ac
Price per acre$2,566/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 6, 2023
Coordinates39.2872, -101.7053
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

4 items to verify before you offer.

Risk index
59
High risk
Wetlands32.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power227 ft away

Power at or near the road.

Buildable area14.80 of 23.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$54,546
$44,765$64,326 · $2,356/ac on 23.15 ac
Asking vs estimate
+8.9%
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 $59,400
Maximum allowable offer
$31,169
$1,346/ac · +30.0% target margin

You need $28,231 off asking to hit this margin.

All-in cost$33,818
Net resale$50,182
Projected profit$16,364
ROI+48.4%
Annualized+69.2%
Break-even resale$1,588/ac
Profit if resale lands off target
-20%
$6,327
-10%
$11,345
0%
$16,364
+10%
$21,382
+20%
$26,400
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-734399
Landlocked · Power at road
24.2Jul 27, 2026$50,9002,1012,1191.2 mi
92
KS-844526
Dirt · Full utilities
26.5Jul 27, 2026$109,0004,1072,7211.7 mi
86
KS-893567
Landlocked · Power at road
13.3Jun 11, 2026$25,6001,9301,8219.3 mi
82
KS-753511
Landlocked · Power at road
12.7Sep 13, 2025$42,4003,3333,2283.0 mi
79
KS-305124
Dirt · Off grid
40.9Jul 27, 2026$99,4002,4292,4841.3 mi
79
KS-382621
Gravel · Power at road
6.7Jul 27, 2026$19,9002,9721,7999.9 mi
72
KS-285629
Gravel · Power at road
59.0Feb 3, 2026$173,4002,9392,4091.3 mi
72
KS-504021
Gravel · Power at road
18.4May 26, 2024$55,8003,0312,1875.1 mi
71
KS-584959
Paved · Off grid
36.3Aug 8, 2024$121,1003,3332,6323.4 mi
67
KS-422625
Dirt · Power at road
6.7Dec 15, 2024$18,7002,7922,0989.8 mi
57
Show adjustment detail for the top comp
  • Tract size (24.21 ac → 23.15 ac)+0.6%

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.