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Comparable sales & offer analysis

Parcel KS-480336

Sherman County, KS · 1.28 ac · Unzoned · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$3,300
Adjusted value
$4,276
Value range
$3,906–$4,645
Comp $/acre
$3,340/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.8% versus the adjusted value.

Offer position

Max allowable offer
$2,443
Offer $/acre
$1,909/ac
Projected profit
$1,283
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-5705351.5Jul 27, 2026$5,3003,6273,64290
KS-9503271.3Jul 30, 2025$6,2004,9103,47476
KS-4916403.3May 10, 2026$10,2003,0982,97270
KS-5719104.0Nov 26, 2024$15,8003,9692,97262
KS-4220064.3Jul 4, 2024$14,5003,3893,53559
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.