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Sherman County, KS · Sold

KS-257622

3133 County Road 72

$396,300
$1,585/ac · 250 ac
Acreage250 ac
Price per acre$1,585/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedApr 23, 2024
Coordinates39.2774, -101.6039
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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
51
Moderate risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope19.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,844 ft away

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

Buildable area186.41 of 250.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$351,816
$294,198$409,434 · $1,407/ac on 250 ac
Asking vs estimate
+12.6%
Priced above the comp set

Weighted from 5 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 $396,300
Maximum allowable offer
$201,038
$804/ac · +30.0% target margin

You need $195,262 off asking to hit this margin.

All-in cost$218,126
Net resale$323,671
Projected profit$105,544
ROI+48.4%
Annualized+69.2%
Break-even resale$948/ac
Profit if resale lands off target
-20%
$40,810
-10%
$73,177
0%
$105,544
+10%
$137,911
+20%
$170,279
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-778615
Paved · Power at road
513.3Dec 11, 2025$1,018,6001,9841,2368.7 mi
71
KS-467978
Dirt · Power at road
323.6Sep 9, 2024$582,1001,7991,4098.3 mi
68
KS-186369
Dirt · Off grid
100.9Feb 3, 2026$292,9002,9041,8408.4 mi
68
KS-106125
Dirt · Power at road
84.5May 7, 2025$207,3002,4531,3055.0 mi
61
KS-396175
Gravel · Off grid
87.7May 9, 2024$190,1002,1691,22413.0 mi
60
Show adjustment detail for the top comp
  • Tract size (513.32 ac → 250.02 ac)+23.6%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.8%

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.