Comparable sales & offer analysis
Parcel KS-267963
Reno County, KS · 320 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$391,200
Adjusted value
$461,162
Value range
$360,883–$561,441
Comp $/acre
$1,441/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.2% versus the adjusted value.
Offer position
Max allowable offer
$263,521
Offer $/acre
$823/ac
Projected profit
$138,349
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| KS-967666 | 258.1 | Oct 13, 2025 | $250,000 | 968 | 1,095 | 80 |
| KS-897845 | 293.9 | May 21, 2025 | $294,200 | 1,001 | 1,209 | 79 |
| KS-718775 | 576.4 | Jul 27, 2026 | $852,000 | 1,478 | 1,448 | 79 |
| KS-476825 | 140.4 | Jul 27, 2026 | $173,400 | 1,235 | 1,345 | 73 |
| KS-287118 | 173.6 | Mar 18, 2025 | $180,800 | 1,042 | 1,079 | 72 |
| KS-338966 | 661.9 | Oct 14, 2025 | $1,262,800 | 1,908 | 1,706 | 69 |
| KS-747210 | 185.5 | Jan 18, 2025 | $302,000 | 1,628 | 1,482 | 67 |
| KS-899247 | 811.4 | Jun 27, 2025 | $1,117,700 | 1,377 | 1,566 | 66 |
| KS-586571 | 116.8 | Aug 5, 2024 | $204,500 | 1,751 | 1,439 | 64 |
| KS-896546 | 114.7 | Aug 18, 2024 | $267,800 | 2,335 | 2,244 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.