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Smith County, KS · Sold

KS-467862

5776 County Road 264

$581,000
$1,953/ac · 298 ac
Acreage298 ac
Price per acre$1,953/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedFeb 22, 2025
Coordinates39.7428, -98.7551
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

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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands11.2% of tract

Little to no mapped wetland coverage.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,399 ft of deeded road frontage.

Power5,052 ft away

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

Buildable area250.97 of 297.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$599,806
$481,396$718,216 · $2,016/ac on 298 ac
Asking vs estimate
-3.1%
In line with the comp set

Weighted from 9 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 $581,000
Maximum allowable offer
$342,746
$1,152/ac · +30.0% target margin

You need $238,254 off asking to hit this margin.

All-in cost$371,879
Net resale$551,822
Projected profit$179,942
ROI+48.4%
Annualized+69.3%
Break-even resale$1,359/ac
Profit if resale lands off target
-20%
$69,578
-10%
$124,760
0%
$179,942
+10%
$235,125
+20%
$290,307
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-127716
Gravel · Power at road
267.6Apr 11, 2026$571,1002,1341,7853.7 mi
85
KS-347471
Gravel · Power at road
224.1Sep 9, 2025$793,7003,5412,8841.7 mi
83
KS-858268
Gravel · Full utilities
399.2Feb 9, 2026$925,3002,3181,7992.5 mi
81
KS-327425
Landlocked · Power at road
216.8Aug 8, 2025$338,7001,5621,8601.5 mi
75
KS-138369
Gravel · Off grid
429.5Aug 31, 2024$659,2001,5351,8511.4 mi
75
KS-568953
Dirt · Full utilities
655.7Jul 27, 2026$974,1001,4861,5284.0 mi
74
KS-116787
Dirt · Off grid
136.6Apr 19, 2025$289,4002,1202,0954.1 mi
72
KS-618635
Landlocked · Power at road
520.8Jan 12, 2025$625,2001,2001,8912.0 mi
68
KS-486515
Landlocked · Power at road
112.1Aug 23, 2024$267,3002,3842,4711.5 mi
62
Show adjustment detail for the top comp
  • Tract size (267.64 ac → 297.5 ac)-3.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.5%

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.