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Wallace County, KS · Sold

KS-807819

3899 County Road 289

$613,900
$2,129/ac · 288 ac
Acreage288 ac
Price per acre$2,129/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedNov 22, 2024
Coordinates38.9910, -101.7624
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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

4 items to verify before you offer.

Risk index
63
High risk
Wetlands38.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area168.21 of 288.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$509,942
$385,177$634,707 · $1,768/ac on 288 ac
Asking vs estimate
+20.4%
Priced above 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 $613,900
Maximum allowable offer
$291,395
$1,010/ac · +30.0% target margin

You need $322,505 off asking to hit this margin.

All-in cost$316,164
Net resale$469,146
Projected profit$152,983
ROI+48.4%
Annualized+69.3%
Break-even resale$1,192/ac
Profit if resale lands off target
-20%
$59,154
-10%
$106,068
0%
$152,983
+10%
$199,897
+20%
$246,812
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KS-788358
Landlocked · Off grid
426.1Jul 27, 2026$268,2006291,0164.9 mi
82
KS-817152
Dirt · Power at road
177.9May 30, 2026$473,1002,6602,25810.7 mi
72
KS-747931
Dirt · Power at road
312.8Apr 16, 2024$519,0001,6591,80010.8 mi
68
KS-266413
Dirt · Off grid
104.1Apr 16, 2026$221,8002,1301,8599.2 mi
66
KS-946826
Dirt · Power at road
140.5Aug 15, 2025$297,7002,1191,7446.9 mi
65
KS-609493
Landlocked · Power at road
969.7Oct 21, 2025$814,2008401,5288.3 mi
63
KS-488851
Gravel · Power at road
609.0Apr 29, 2024$1,266,3002,0792,3648.5 mi
59
Show adjustment detail for the top comp
  • Tract size (426.12 ac → 288.37 ac)+12.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.