Thomas County, KS · Sold

KS-477668

5924 County Road 233

$318,400

$1,232/ac · 258 ac

Offer report Market this tract

Acreage258 ac

Price per acre$1,232/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedJul 31, 2025

Coordinates39.4219, -101.0103

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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

Low risk

Wetlands17.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,071 ft of deeded road frontage.

Power8,076 ft away

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

Buildable area202.84 of 258.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$345,435

$280,094 – $410,775 · $1,336/ac on 258 ac

Asking vs estimate

-7.8%

Priced below 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 $318,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$197,391

$764/ac · +30.0% target margin

You need $121,009 off asking to hit this margin.

All-in cost$214,169

Net resale$317,800

Projected profit$103,631

ROI+48.4%

Annualized+69.3%

Break-even resale$901/ac

Profit if resale lands off target

-20%

$40,071

-10%

$71,851

$103,631

+10%

$135,411

+20%

$167,191

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KS-827326 Gravel · Full utilities	201.8	Jul 27, 2026	$346,700	1,718	1,119	12.4 mi	80
KS-897828 Dirt · Off grid	290.3	Oct 12, 2025	$331,700	1,143	1,422	10.8 mi	76
KS-268978 Dirt · Off grid	667.7	Jul 27, 2026	$575,400	862	1,332	3.0 mi	75
KS-288366 Dirt · Off grid	428.6	Jan 25, 2026	$311,400	727	1,003	5.3 mi	74
KS-547625 Gravel · Full utilities	250.6	Feb 21, 2024	$428,800	1,711	1,305	9.0 mi	72
KS-796620 Landlocked · Off grid	121.0	Jul 27, 2026	$148,800	1,230	1,474	12.3 mi	71
KS-656881 Paved · Off grid	146.2	Apr 7, 2025	$277,000	1,895	1,450	11.0 mi	65
KS-946150 Paved · Off grid	86.1	Apr 22, 2024	$246,500	2,863	1,990	2.0 mi	61
KS-726285 Landlocked · Off grid	94.9	Jul 8, 2024	$96,100	1,013	1,240	7.0 mi	60
KS-566254 Dirt · Off grid	92.8	Jan 3, 2025	$109,800	1,183	1,117	9.0 mi	60

Show adjustment detail for the top comp

Tract size (201.77 ac → 258.49 ac)-6.8%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV