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Thomas County, KS · Sold

KS-796620

4361 County Road 300

$138,700
$1,146/ac · 121 ac
Acreage121 ac
Price per acre$1,146/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJun 29, 2026
Coordinates39.2698, -101.1315
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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

5 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.4%

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.

Power2,770 ft away

Service extension needed; get a utility quote.

Buildable area92.99 of 120.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$142,676
$111,400$173,952 · $1,179/ac on 121 ac
Asking vs estimate
-2.8%
In line with 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 $138,700
Maximum allowable offer
$81,529
$674/ac · +30.0% target margin

You need $57,171 off asking to hit this margin.

All-in cost$88,459
Net resale$131,262
Projected profit$42,803
ROI+48.4%
Annualized+69.3%
Break-even resale$795/ac
Profit if resale lands off target
-20%
$16,551
-10%
$29,677
0%
$42,803
+10%
$55,929
+20%
$69,056
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-827326
Gravel · Full utilities
201.8Jul 27, 2026$346,7001,7189364.0 mi
78
KS-656881
Paved · Off grid
146.2Apr 7, 2025$277,0001,8951,2132.5 mi
77
KS-726285
Landlocked · Off grid
94.9Jul 8, 2024$96,1001,0131,0377.7 mi
77
KS-566254
Dirt · Off grid
92.8Jan 3, 2025$109,8001,1839353.6 mi
74
KS-897828
Dirt · Off grid
290.3Oct 12, 2025$331,7001,1431,1905.7 mi
67
KS-946150
Paved · Off grid
86.1Apr 22, 2024$246,5002,8631,66512.0 mi
65
KS-477668
Gravel · Off grid
258.5Aug 20, 2025$291,7001,12898312.3 mi
64
KS-547625
Gravel · Full utilities
250.6Feb 21, 2024$428,8001,7111,0923.4 mi
62
KS-224916
Dirt · Power at road
35.2Feb 18, 2026$80,1002,2751,19310.9 mi
61
KS-824936
Dirt · Full utilities
35.7Nov 11, 2024$135,8003,8011,7237.5 mi
56
Show adjustment detail for the top comp
  • Tract size (201.77 ac → 120.99 ac)+14.7%
  • Access (Gravel → Landlocked)-32.0%
  • 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.