Comparable sales & offer analysis
Parcel KS-512341
Sherman County, KS · 5.45 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,600
Adjusted value
$14,881
Value range
$11,981–$17,781
Comp $/acre
$2,730/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.6% versus the adjusted value.
Offer position
Max allowable offer
$8,503
Offer $/acre
$1,560/ac
Projected profit
$4,464
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-382621 | 6.7 | Jul 27, 2026 | $19,900 | 2,972 | 2,059 | 88 |
| KS-452099 | 4.6 | Feb 21, 2026 | $12,600 | 2,767 | 2,816 | 82 |
| KS-893567 | 13.3 | Jun 11, 2026 | $25,600 | 1,930 | 2,084 | 79 |
| KS-491640 | 3.3 | May 10, 2026 | $10,200 | 3,098 | 2,871 | 75 |
| KS-753511 | 12.7 | Sep 13, 2025 | $42,400 | 3,333 | 3,694 | 75 |
| KS-422625 | 6.7 | Dec 15, 2024 | $18,700 | 2,792 | 2,401 | 73 |
| KS-422006 | 4.3 | Jul 4, 2024 | $14,500 | 3,389 | 3,414 | 70 |
| KS-571910 | 4.0 | Nov 26, 2024 | $15,800 | 3,969 | 2,870 | 69 |
| KS-504021 | 18.4 | May 26, 2024 | $55,800 | 3,031 | 2,502 | 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.