Comparable sales & offer analysis
Parcel KS-424337
Sherman County, KS · 23.15 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$59,400
Adjusted value
$54,855
Value range
$45,023–$64,688
Comp $/acre
$2,370/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.3% versus the adjusted value.
Offer position
Max allowable offer
$31,346
Offer $/acre
$1,354/ac
Projected profit
$16,457
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 | 2,131 | 91 |
| KS-844526 | 26.5 | Jul 27, 2026 | $109,000 | 4,107 | 2,736 | 84 |
| KS-893567 | 13.3 | Jun 11, 2026 | $25,600 | 1,930 | 1,831 | 80 |
| KS-753511 | 12.7 | Sep 13, 2025 | $42,400 | 3,333 | 3,245 | 78 |
| KS-305124 | 40.9 | Jul 27, 2026 | $99,400 | 2,429 | 2,498 | 77 |
| KS-285629 | 59.0 | Feb 3, 2026 | $173,400 | 2,939 | 2,423 | 71 |
| KS-382621 | 6.7 | Jul 27, 2026 | $19,900 | 2,972 | 1,809 | 71 |
| KS-504021 | 18.4 | May 26, 2024 | $55,800 | 3,031 | 2,198 | 70 |
| KS-584959 | 36.3 | Aug 8, 2024 | $121,100 | 3,333 | 2,645 | 67 |
| KS-422625 | 6.7 | Dec 15, 2024 | $18,700 | 2,792 | 2,109 | 56 |
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.