Comparable sales & offer analysis
Parcel KS-424337
Sherman County, KS · 23.15 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$59,400
Adjusted value
$54,547
Value range
$44,766–$64,328
Comp $/acre
$2,356/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.9% versus the adjusted value.
Offer position
Max allowable offer
$31,170
Offer $/acre
$1,346/ac
Projected profit
$16,364
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 | 2,119 | 92 |
| KS-844526 | 26.5 | Jul 27, 2026 | $109,000 | 4,107 | 2,721 | 86 |
| KS-893567 | 13.3 | Jun 11, 2026 | $25,600 | 1,930 | 1,821 | 82 |
| KS-753511 | 12.7 | Sep 13, 2025 | $42,400 | 3,333 | 3,228 | 79 |
| KS-305124 | 40.9 | Jul 27, 2026 | $99,400 | 2,429 | 2,484 | 79 |
| KS-382621 | 6.7 | Jul 27, 2026 | $19,900 | 2,972 | 1,799 | 72 |
| KS-285629 | 59.0 | Feb 3, 2026 | $173,400 | 2,939 | 2,410 | 72 |
| KS-504021 | 18.4 | May 26, 2024 | $55,800 | 3,031 | 2,187 | 71 |
| KS-584959 | 36.3 | Aug 8, 2024 | $121,100 | 3,333 | 2,632 | 67 |
| KS-422625 | 6.7 | Dec 15, 2024 | $18,700 | 2,792 | 2,098 | 57 |
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.