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Comparable sales & offer analysis

Parcel KS-734399

Sherman County, KS · 24.21 ac · Agricultural · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$61,200
Adjusted value
$60,601
Value range
$51,909–$69,292
Comp $/acre
$2,503/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.0% versus the adjusted value.

Offer position

Max allowable offer
$34,629
Offer $/acre
$1,430/ac
Projected profit
$18,180
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
KS-84452626.5Jul 27, 2026$109,0004,1072,70486
KS-42433723.1Sep 14, 2024$55,2002,3862,56281
KS-30512440.9Jul 27, 2026$99,4002,4292,46879
KS-89356713.3Jun 11, 2026$25,6001,9301,80977
KS-28562959.0Feb 3, 2026$173,4002,9392,39476
KS-75351112.7Sep 13, 2025$42,4003,3333,20873
KS-50402118.4May 26, 2024$55,8003,0312,17369
KS-10612584.5May 7, 2025$207,3002,4532,59669
KS-58495936.3Aug 8, 2024$121,1003,3332,61567
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.