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Wallace County, KS · Sold

KS-563784

573 County Road 117

$54,500
$3,514/ac · 15.51 ac
Acreage15.51 ac
Price per acre$3,514/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedNov 13, 2025
Coordinates38.8836, -101.6778
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

5 items to verify before you offer.

Risk index
28
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.8%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

937 ft of deeded road frontage.

Power5,850 ft away

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

Buildable area12.41 of 15.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,003
$49,875$68,130 · $3,804/ac on 15.51 ac
Asking vs estimate
-7.6%
Priced below the comp set

Weighted from 7 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 $54,500
Maximum allowable offer
$33,716
$2,174/ac · +30.0% target margin

You need $20,784 off asking to hit this margin.

All-in cost$36,582
Net resale$54,282
Projected profit$17,701
ROI+48.4%
Annualized+69.2%
Break-even resale$2,564/ac
Profit if resale lands off target
-20%
$6,844
-10%
$12,272
0%
$17,701
+10%
$23,129
+20%
$28,557
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-633551
Gravel · Off grid
13.1Feb 7, 2026$51,3003,9174,6413.6 mi
81
KS-854194
Dirt · Power at road
20.9Jan 24, 2026$56,1002,6883,3249.2 mi
73
KS-563906
Gravel · Off grid
16.9Sep 16, 2024$53,0003,1324,0328.2 mi
73
KS-705494
Gravel · Off grid
53.5Jun 7, 2026$154,7002,8914,1757.2 mi
68
KS-572326
Dirt · Power at road
5.4Mar 17, 2026$14,6002,7122,9703.9 mi
68
KS-832266
Gravel · Full utilities
5.2Apr 20, 2026$21,4004,1553,1888.1 mi
65
KS-245226
Gravel · Off grid
44.1Jun 22, 2024$123,1002,7934,19913.7 mi
56
Show adjustment detail for the top comp
  • Tract size (13.1 ac → 15.51 ac)-1.7%
  • Access (Gravel → Paved)+18.0%
  • Market time (6 mo)+2.2%

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.