Comparable sales & offer analysis
Parcel KS-138369
Smith County, KS · 430 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$625,400
Adjusted value
$765,529
Value range
$621,020–$910,038
Comp $/acre
$1,782/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.3% versus the adjusted value.
Offer position
Max allowable offer
$437,445
Offer $/acre
$1,018/ac
Projected profit
$229,659
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-858268 | 399.2 | Feb 9, 2026 | $925,300 | 2,318 | 1,623 | 84 |
| KS-467862 | 297.5 | Feb 15, 2026 | $596,700 | 2,006 | 1,847 | 81 |
| KS-568953 | 655.7 | Jul 27, 2026 | $974,100 | 1,486 | 1,379 | 77 |
| KS-127716 | 267.6 | Apr 11, 2026 | $571,100 | 2,134 | 1,610 | 76 |
| KS-618635 | 520.8 | Jan 12, 2025 | $625,200 | 1,200 | 1,705 | 73 |
| KS-347471 | 224.1 | Sep 9, 2025 | $793,700 | 3,541 | 2,602 | 71 |
| KS-327425 | 216.8 | Aug 8, 2025 | $338,700 | 1,562 | 1,678 | 68 |
| KS-116787 | 136.6 | Apr 19, 2025 | $289,400 | 2,120 | 1,890 | 62 |
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.