Comparable sales & offer analysis
Parcel KS-396175
Sherman County, KS · 87.65 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$228,500
Adjusted value
$240,513
Value range
$203,715–$277,311
Comp $/acre
$2,744/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.0% versus the adjusted value.
Offer position
Max allowable offer
$137,436
Offer $/acre
$1,568/ac
Projected profit
$72,154
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-186369 | 100.9 | Feb 3, 2026 | $292,900 | 2,904 | 3,591 | 80 |
| KS-285629 | 59.0 | Feb 3, 2026 | $173,400 | 2,939 | 2,348 | 75 |
| KS-106125 | 84.5 | May 7, 2025 | $207,300 | 2,453 | 2,546 | 74 |
| KS-305124 | 40.9 | Jul 27, 2026 | $99,400 | 2,429 | 2,421 | 72 |
| KS-844526 | 26.5 | Jul 27, 2026 | $109,000 | 4,107 | 2,652 | 69 |
| KS-257622 | 250.0 | Jan 25, 2025 | $362,600 | 1,450 | 3,015 | 61 |
| KS-584959 | 36.3 | Aug 8, 2024 | $121,100 | 3,333 | 2,564 | 59 |
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.