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Wallace County, KS · Sold

KS-788358

2150 County Road 23

$324,300
$761/ac · 426 ac
Acreage426 ac
Price per acre$761/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJun 28, 2026
Coordinates38.9982, -101.6717
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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

5 items to verify before you offer.

Risk index
59
High risk
Wetlands28.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,956 ft away

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

Buildable area289.85 of 426.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$497,183
$414,678$579,687 · $1,167/ac on 426 ac
Asking vs estimate
-34.8%
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 $324,300
Maximum allowable offer
$284,104
$667/ac · +30.0% target margin

You need $40,196 off asking to hit this margin.

All-in cost$308,253
Net resale$457,408
Projected profit$149,155
ROI+48.4%
Annualized+69.3%
Break-even resale$786/ac
Profit if resale lands off target
-20%
$57,674
-10%
$103,414
0%
$149,155
+10%
$194,896
+20%
$240,637
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-807819
Landlocked · Full utilities
288.4Aug 6, 2025$525,5001,8221,1804.9 mi
75
KS-747931
Dirt · Power at road
312.8Apr 16, 2024$519,0001,6591,1189.7 mi
69
KS-817152
Dirt · Power at road
177.9May 30, 2026$473,1002,6601,40210.4 mi
68
KS-488851
Gravel · Power at road
609.0Apr 29, 2024$1,266,3002,0791,46811.0 mi
68
KS-609493
Landlocked · Power at road
969.7Oct 21, 2025$814,2008409498.3 mi
67
KS-946826
Dirt · Power at road
140.5Aug 15, 2025$297,7002,1191,08311.2 mi
59
KS-639807
Gravel · Off grid
1217.3May 14, 2024$1,082,7008899149.9 mi
57
Show adjustment detail for the top comp
  • Tract size (288.37 ac → 426.12 ac)-10.9%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (12 mo)+4.3%

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.