Sumner County, KS · Sold

KS-548689

862 County Road 308

$595,500

$1,100/ac · 542 ac

Offer report Market this tract

Acreage542 ac

Price per acre$1,100/ac

ZoningUnzoned

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedAug 20, 2025

Coordinates37.2884, -97.5861

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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

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

View Sumner market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area500.10 of 541.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$543,808

$450,753 – $636,864 · $1,004/ac on 542 ac

Asking vs estimate

+9.5%

Priced above the comp set

Weighted from 10 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 $595,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$310,748

$574/ac · +30.0% target margin

You need $284,752 off asking to hit this margin.

All-in cost$337,162

Net resale$500,304

Projected profit$163,142

ROI+48.4%

Annualized+69.2%

Break-even resale$677/ac

Profit if resale lands off target

-20%

$63,081

-10%

$113,112

$163,142

+10%

$213,172

+20%

$263,203

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KS-498964 Dirt · Off grid	661.0	Jun 5, 2026	$499,000	755	1,161	9.8 mi	85
KS-729379 Dirt · Power at road	892.8	Sep 18, 2025	$732,200	820	1,211	3.0 mi	79
KS-418874 Gravel · Off grid	619.3	Dec 7, 2025	$385,400	622	823	12.5 mi	74
KS-298876 Gravel · Full utilities	620.2	Apr 22, 2025	$741,100	1,195	1,130	11.4 mi	72
KS-837102 Dirt · Off grid	171.6	Jul 2, 2026	$153,600	895	925	7.4 mi	70
KS-749900 Gravel · Off grid	1302.2	Jul 30, 2025	$540,700	415	701	9.4 mi	66
KS-118111 Gravel · Power at road	356.3	Jun 24, 2025	$363,800	1,021	990	12.6 mi	66
KS-169454 Dirt · Power at road	942.6	Dec 17, 2024	$579,600	615	951	11.9 mi	64
KS-607498 Landlocked · Power at road	228.5	Apr 28, 2024	$216,000	945	1,240	9.1 mi	57
KS-997111 Paved · Power at road	172.7	Apr 3, 2024	$207,600	1,202	843	5.7 mi	56

Show adjustment detail for the top comp

Tract size (660.98 ac → 541.59 ac)+6.3%
Utilities (Off grid → Full utilities)+43.5%
Market time (2 mo)+0.8%

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.

Build the listing kit Post a deal or JV