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Smith County, KS · Sold

KS-568953

2285 County Road 229

$1,097,000
$1,673/ac · 656 ac
Acreage656 ac
Price per acre$1,673/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedMar 22, 2026
Coordinates39.7573, -98.8283
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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

Smith County, Kansas. Flint Hills grazing and dryland wheat ground; large tracts, thin margins.

View Smith market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,246 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area549.44 of 655.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,280,474
$1,056,104$1,504,844 · $1,953/ac on 656 ac
Asking vs estimate
-14.3%
Priced below the comp set

Weighted from 7 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 $1,097,000
Maximum allowable offer
$731,699
$1,116/ac · +30.0% target margin

You need $365,301 off asking to hit this margin.

All-in cost$793,893
Net resale$1,178,036
Projected profit$384,143
ROI+48.4%
Annualized+69.2%
Break-even resale$1,316/ac
Profit if resale lands off target
-20%
$148,535
-10%
$266,339
0%
$384,143
+10%
$501,946
+20%
$619,750
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-858268
Gravel · Full utilities
399.2Feb 9, 2026$925,3002,3181,7533.1 mi
76
KS-618635
Landlocked · Power at road
520.8Jan 12, 2025$625,2001,2001,8422.1 mi
73
KS-127716
Gravel · Power at road
267.6Apr 11, 2026$571,1002,1341,7393.7 mi
70
KS-467862
Gravel · Off grid
297.5Feb 15, 2026$596,7002,0061,9954.0 mi
70
KS-138369
Gravel · Off grid
429.5Aug 31, 2024$659,2001,5351,8044.8 mi
67
KS-347471
Gravel · Power at road
224.1Sep 9, 2025$793,7003,5412,8104.8 mi
63
KS-327425
Landlocked · Power at road
216.8Aug 8, 2025$338,7001,5621,8133.7 mi
63
Show adjustment detail for the top comp
  • Tract size (399.23 ac → 655.74 ac)-13.9%
  • 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.