Comparable sales & offer analysis
Parcel KS-467862
Smith County, KS · 298 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$581,000
Adjusted value
$603,224
Value range
$484,229–$722,219
Comp $/acre
$2,028/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.7% versus the adjusted value.
Offer position
Max allowable offer
$344,699
Offer $/acre
$1,159/ac
Projected profit
$180,967
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-127716 | 267.6 | Apr 11, 2026 | $571,100 | 2,134 | 1,794 | 84 |
| KS-347471 | 224.1 | Sep 9, 2025 | $793,700 | 3,541 | 2,900 | 82 |
| KS-858268 | 399.2 | Feb 9, 2026 | $925,300 | 2,318 | 1,809 | 80 |
| KS-327425 | 216.8 | Aug 8, 2025 | $338,700 | 1,562 | 1,870 | 74 |
| KS-138369 | 429.5 | Aug 31, 2024 | $659,200 | 1,535 | 1,861 | 74 |
| KS-568953 | 655.7 | Jul 27, 2026 | $974,100 | 1,486 | 1,536 | 73 |
| KS-116787 | 136.6 | Apr 19, 2025 | $289,400 | 2,120 | 2,107 | 71 |
| KS-618635 | 520.8 | Jan 12, 2025 | $625,200 | 1,200 | 1,900 | 67 |
| KS-486515 | 112.1 | Aug 23, 2024 | $267,300 | 2,384 | 2,484 | 61 |
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.