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Wallace County, KS · Sold

KS-572326

3148 County Road 388

$17,200
$3,191/ac · 5.39 ac
Acreage5.39 ac
Price per acre$3,191/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedAug 2, 2025
Coordinates38.9175, -101.7358
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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope23.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

375 ft of deeded road frontage.

Power204 ft away

Power at or near the road.

Buildable area3.15 of 5.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,903
$15,829$21,976 · $3,507/ac on 5.39 ac
Asking vs estimate
-9.0%
Priced below the comp set

Weighted from 5 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 $17,200
Maximum allowable offer
$10,801
$2,004/ac · +30.0% target margin

You need $6,399 off asking to hit this margin.

All-in cost$11,719
Net resale$17,390
Projected profit$5,671
ROI+48.4%
Annualized+69.3%
Break-even resale$2,363/ac
Profit if resale lands off target
-20%
$2,193
-10%
$3,932
0%
$5,671
+10%
$7,410
+20%
$9,149
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-832266
Gravel · Full utilities
5.2Apr 20, 2026$21,4004,1552,9624.3 mi
83
KS-970956
Landlocked · Power at road
2.0Apr 16, 2026$6,2003,0953,8433.1 mi
72
KS-563784
Paved · Off grid
15.5May 11, 2026$46,4002,9942,8133.9 mi
69
KS-633551
Gravel · Off grid
13.1Feb 7, 2026$51,3003,9174,3134.3 mi
68
KS-563906
Gravel · Off grid
16.9Sep 16, 2024$53,0003,1323,7474.8 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (4 mo)+1.3%

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.