Comparable sales & offer analysis
Parcel KS-911461
Smith County, KS · 2.88 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$19,000
Adjusted value
$15,459
Value range
$13,520–$17,397
Comp $/acre
$5,368/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.9% versus the adjusted value.
Offer position
Max allowable offer
$8,834
Offer $/acre
$3,067/ac
Projected profit
$4,638
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-601257 | 2.5 | Jul 27, 2026 | $7,500 | 3,029 | 4,882 | 84 |
| KS-131609 | 3.2 | Jul 27, 2026 | $11,400 | 3,552 | 4,958 | 82 |
| KS-181689 | 3.4 | Feb 28, 2026 | $14,000 | 4,104 | 4,961 | 79 |
| KS-672129 | 4.7 | Mar 22, 2026 | $17,500 | 3,733 | 5,360 | 72 |
| KS-642646 | 6.8 | Mar 31, 2025 | $25,300 | 3,718 | 4,586 | 67 |
| KS-680083 | 1.1 | May 4, 2024 | $4,300 | 4,088 | 6,037 | 61 |
| KS-480576 | 1.5 | Apr 14, 2024 | $6,500 | 4,260 | 5,446 | 61 |
| KS-873093 | 9.4 | Nov 23, 2023 | $32,800 | 3,490 | 5,657 | 61 |
| KS-962976 | 8.6 | Oct 27, 2024 | $26,400 | 3,051 | 7,056 | 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.