Comparable sales & offer analysis
Parcel KS-257622
Sherman County, KS · 250 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$396,300
Adjusted value
$353,573
Value range
$295,711–$411,435
Comp $/acre
$1,414/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.1% versus the adjusted value.
Offer position
Max allowable offer
$202,042
Offer $/acre
$808/ac
Projected profit
$106,072
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-778615 | 513.3 | Dec 11, 2025 | $1,018,600 | 1,984 | 1,243 | 70 |
| KS-467978 | 323.6 | Sep 9, 2024 | $582,100 | 1,799 | 1,416 | 67 |
| KS-186369 | 100.9 | Feb 3, 2026 | $292,900 | 2,904 | 1,850 | 66 |
| KS-106125 | 84.5 | May 7, 2025 | $207,300 | 2,453 | 1,312 | 60 |
| KS-396175 | 87.7 | May 9, 2024 | $190,100 | 2,169 | 1,230 | 59 |
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.