Wallace County, KS · Sold

KS-747931

189 County Road 191

$546,300

$1,747/ac · 313 ac

Offer report Market this tract

Acreage313 ac

Price per acre$1,747/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedFeb 29, 2024

Coordinates38.8588, -101.6549

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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

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

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope23.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,511 ft of deeded road frontage.

Power173 ft away

Power at or near the road.

Buildable area179.58 of 312.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$570,242

$432,877 – $707,607 · $1,823/ac on 313 ac

Asking vs estimate

-4.2%

In line with 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 $546,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$325,853

$1,042/ac · +30.0% target margin

You need $220,447 off asking to hit this margin.

All-in cost$353,551

Net resale$524,623

Projected profit$171,072

ROI+48.4%

Annualized+69.2%

Break-even resale$1,229/ac

Profit if resale lands off target

-20%

$66,148

-10%

$118,610

$171,072

+10%

$223,534

+20%

$275,997

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KS-788358 Landlocked · Off grid	426.1	Jul 27, 2026	$268,200	629	1,028	9.7 mi	82
KS-817152 Dirt · Power at road	177.9	May 30, 2026	$473,100	2,660	2,286	1.7 mi	82
KS-807819 Landlocked · Full utilities	288.4	Aug 6, 2025	$525,500	1,822	1,924	10.8 mi	73
KS-266413 Dirt · Off grid	104.1	Apr 16, 2026	$221,800	2,130	1,882	8.9 mi	68
KS-488851 Gravel · Power at road	609.0	Apr 29, 2024	$1,266,300	2,079	2,393	7.5 mi	67
KS-609493 Landlocked · Power at road	969.7	Oct 21, 2025	$814,200	840	1,547	2.9 mi	67
KS-946826 Dirt · Power at road	140.5	Aug 15, 2025	$297,700	2,119	1,766	11.8 mi	66

Show adjustment detail for the top comp

Tract size (426.12 ac → 312.75 ac)+9.6%
Access (Landlocked → Dirt)+26.5%
Utilities (Off grid → Power at road)+17.6%

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