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Wallace County, KS · Sold

KS-946826

1289 County Road 253

$305,000
$2,171/ac · 140 ac
Acreage140 ac
Price per acre$2,171/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedApr 6, 2025
Coordinates38.9243, -101.8581
Loading terrain…
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

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

View Wallace market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands8.0% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power73 ft away

Power at or near the road.

Buildable area122.76 of 140.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$325,148
$266,316$383,981 · $2,315/ac on 140 ac
Asking vs estimate
-6.2%
Priced below the comp set

Weighted from 8 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 $305,000
Maximum allowable offer
$185,799
$1,323/ac · +30.0% target margin

You need $119,201 off asking to hit this margin.

All-in cost$201,592
Net resale$299,137
Projected profit$97,545
ROI+48.4%
Annualized+69.2%
Break-even resale$1,560/ac
Profit if resale lands off target
-20%
$37,717
-10%
$67,631
0%
$97,545
+10%
$127,458
+20%
$157,372
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-817152
Dirt · Power at road
177.9May 30, 2026$473,1002,6602,85910.7 mi
86
KS-266413
Dirt · Off grid
104.1Apr 16, 2026$221,8002,1302,3544.6 mi
81
KS-705494
Gravel · Off grid
53.5Jun 7, 2026$154,7002,8912,3462.9 mi
71
KS-256008
Dirt · Off grid
77.7Aug 16, 2025$180,1002,3192,4545.4 mi
71
KS-788358
Landlocked · Off grid
426.1Jul 27, 2026$268,2006291,28611.2 mi
66
KS-807819
Landlocked · Full utilities
288.4Aug 6, 2025$525,5001,8222,4076.9 mi
65
KS-747931
Dirt · Power at road
312.8Apr 16, 2024$519,0001,6592,27811.8 mi
61
KS-245226
Gravel · Off grid
44.1Jun 22, 2024$123,1002,7932,3606.0 mi
56
Show adjustment detail for the top comp
  • Tract size (177.87 ac → 140.46 ac)+6.6%
  • Market time (3 mo)+0.9%

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.