Comparable sales & offer analysis
Parcel KS-504021
Sherman County, KS · 18.41 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$51,900
Adjusted value
$67,768
Value range
$56,173–$79,363
Comp $/acre
$3,681/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.4% versus the adjusted value.
Offer position
Max allowable offer
$38,725
Offer $/acre
$2,103/ac
Projected profit
$20,330
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-734399 | 24.2 | Jul 27, 2026 | $50,900 | 2,101 | 3,228 | 81 |
| KS-844526 | 26.5 | Jul 27, 2026 | $109,000 | 4,107 | 4,146 | 78 |
| KS-893567 | 13.3 | Jun 11, 2026 | $25,600 | 1,930 | 2,774 | 76 |
| KS-753511 | 12.7 | Sep 13, 2025 | $42,400 | 3,333 | 4,917 | 75 |
| KS-305124 | 40.9 | Jul 27, 2026 | $99,400 | 2,429 | 3,785 | 72 |
| KS-424337 | 23.1 | Sep 14, 2024 | $55,200 | 2,386 | 3,927 | 71 |
| KS-382621 | 6.7 | Jul 27, 2026 | $19,900 | 2,972 | 2,740 | 71 |
| KS-285629 | 59.0 | Feb 3, 2026 | $173,400 | 2,939 | 3,671 | 69 |
| KS-584959 | 36.3 | Aug 8, 2024 | $121,100 | 3,333 | 4,008 | 68 |
| KS-512341 | 5.5 | May 22, 2025 | $14,000 | 2,574 | 3,622 | 61 |
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.