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Smith County, KS · Sold

KS-486515

3220 County Road 140

$251,900
$2,247/ac · 112 ac
Acreage112 ac
Price per acre$2,247/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedAug 23, 2023
Coordinates39.7249, -98.7695
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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

4 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power215 ft away

Power at or near the road.

Buildable area90.11 of 112.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$242,184
$203,013$281,355 · $2,160/ac on 112 ac
Asking vs estimate
+4.0%
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 $251,900
Maximum allowable offer
$138,391
$1,234/ac · +30.0% target margin

You need $113,509 off asking to hit this margin.

All-in cost$150,154
Net resale$222,809
Projected profit$72,655
ROI+48.4%
Annualized+69.2%
Break-even resale$1,456/ac
Profit if resale lands off target
-20%
$28,093
-10%
$50,374
0%
$72,655
+10%
$94,936
+20%
$117,217
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-327425
Landlocked · Power at road
216.8Aug 8, 2025$338,7001,5621,9442.7 mi
78
KS-825802
Dirt · Off grid
66.9Jun 24, 2026$186,7002,7912,3103.4 mi
77
KS-127716
Gravel · Power at road
267.6Apr 11, 2026$571,1002,1341,8654.8 mi
76
KS-846112
Dirt · Full utilities
83.7Oct 20, 2025$280,9003,3552,0942.6 mi
76
KS-116787
Dirt · Off grid
136.6Apr 19, 2025$289,4002,1202,1903.8 mi
74
KS-347471
Gravel · Power at road
224.1Sep 9, 2025$793,7003,5413,0143.2 mi
71
KS-324806
Dirt · Power at road
32.5Jul 27, 2026$119,1003,6632,2325.7 mi
70
KS-467862
Gravel · Off grid
297.5Feb 15, 2026$596,7002,0062,1401.5 mi
70
KS-155368
Landlocked · Full utilities
48.9Mar 2, 2025$113,4002,3221,6731.0 mi
68
Show adjustment detail for the top comp
  • Tract size (216.77 ac → 112.12 ac)+19.3%
  • Market time (12 mo)+4.3%

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.