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Thomas County, KS · Sold

KS-732983

5155 County Road 118

$26,500
$3,053/ac · 8.68 ac
Acreage8.68 ac
Price per acre$3,053/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedAug 22, 2025
Coordinates39.4126, -101.0617
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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

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

View Thomas market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands15.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

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.

PowerOn site

Power at or near the road.

Buildable area6.93 of 8.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,281
$19,404$29,157 · $2,797/ac on 8.68 ac
Asking vs estimate
+9.1%
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 $26,500
Maximum allowable offer
$13,875
$1,598/ac · +30.0% target margin

You need $12,625 off asking to hit this margin.

All-in cost$15,054
Net resale$22,338
Projected profit$7,284
ROI+48.4%
Annualized+69.2%
Break-even resale$1,885/ac
Profit if resale lands off target
-20%
$2,816
-10%
$5,050
0%
$7,284
+10%
$9,518
+20%
$11,751
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-592659
Landlocked · Off grid
6.9Jul 27, 2026$18,7002,7193,8511.9 mi
91
KS-672539
Landlocked · Power at road
6.3Jul 27, 2026$15,1002,4062,8826.5 mi
82
KS-813276
Gravel · Off grid
10.7Jul 27, 2026$30,0002,7962,7807.8 mi
80
KS-192532
Gravel · Full utilities
6.3Oct 30, 2024$29,7004,7403,3958.4 mi
73
KS-951619
Gravel · Power at road
3.2Jul 15, 2026$6,8002,0961,6633.9 mi
72
KS-641621
Paved · Power at road
3.2Jul 27, 2026$12,9003,9822,6735.5 mi
71
KS-574057
Gravel · Full utilities
18.9May 5, 2025$66,1003,4952,7006.3 mi
70
KS-511706
Gravel · Full utilities
3.4Feb 22, 2026$13,4003,8852,5725.9 mi
69
KS-151965
Landlocked · Full utilities
4.2Feb 27, 2025$10,2002,4472,4966.5 mi
68
KS-762286
Dirt · Power at road
5.2Nov 25, 2024$13,7002,6052,6163.2 mi
67
Show adjustment detail for the top comp
  • Tract size (6.86 ac → 8.68 ac)-1.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.