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Sherman County, KS · Sold

KS-106125

5412 County Road 362

$229,100
$2,710/ac · 84.53 ac
Acreage84.53 ac
Price per acre$2,710/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedOct 29, 2024
Coordinates39.3119, -101.6857
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,216 ft of deeded road frontage.

Power167 ft away

Power at or near the road.

Buildable area74.52 of 84.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$225,343
$185,939$264,746 · $2,666/ac on 84.53 ac
Asking vs estimate
+1.7%
In line with the comp set

Weighted from 8 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 $229,100
Maximum allowable offer
$128,767
$1,523/ac · +30.0% target margin

You need $100,333 off asking to hit this margin.

All-in cost$139,712
Net resale$207,315
Projected profit$67,603
ROI+48.4%
Annualized+69.3%
Break-even resale$1,797/ac
Profit if resale lands off target
-20%
$26,140
-10%
$46,872
0%
$67,603
+10%
$88,335
+20%
$109,066
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-285629
Gravel · Power at road
59.0Feb 3, 2026$173,4002,9392,3831.5 mi
84
KS-186369
Dirt · Off grid
100.9Feb 3, 2026$292,9002,9043,6444.2 mi
82
KS-734399
Landlocked · Power at road
24.2Jul 27, 2026$50,9002,1012,0961.6 mi
78
KS-305124
Dirt · Off grid
40.9Jul 27, 2026$99,4002,4292,4573.3 mi
78
KS-844526
Dirt · Full utilities
26.5Jul 27, 2026$109,0004,1072,6923.5 mi
73
KS-396175
Gravel · Off grid
87.7May 9, 2024$190,1002,1692,4258.2 mi
71
KS-584959
Paved · Off grid
36.3Aug 8, 2024$121,1003,3332,6035.2 mi
61
KS-257622
Landlocked · Off grid
250.0Jan 25, 2025$362,6001,4503,0605.0 mi
60
Show adjustment detail for the top comp
  • Tract size (59.01 ac → 84.53 ac)-7.8%
  • Access (Gravel → Dirt)-14.0%
  • 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.