Comparable sales & offer analysis
Parcel KS-962976
Smith County, KS · 8.64 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,500
Adjusted value
$21,127
Value range
$18,965–$23,289
Comp $/acre
$2,445/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.0% versus the adjusted value.
Offer position
Max allowable offer
$12,072
Offer $/acre
$1,397/ac
Projected profit
$6,338
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-131609 | 3.2 | Jul 27, 2026 | $11,400 | 3,552 | 2,319 | 73 |
| KS-672129 | 4.7 | Mar 22, 2026 | $17,500 | 3,733 | 2,507 | 71 |
| KS-873093 | 9.4 | Nov 23, 2023 | $32,800 | 3,490 | 2,645 | 71 |
| KS-642646 | 6.8 | Mar 31, 2025 | $25,300 | 3,718 | 2,145 | 71 |
| KS-601257 | 2.5 | Jul 27, 2026 | $7,500 | 3,029 | 2,283 | 70 |
| KS-181689 | 3.4 | Feb 28, 2026 | $14,000 | 4,104 | 2,321 | 67 |
| KS-911461 | 2.9 | Aug 25, 2025 | $17,600 | 6,109 | 2,974 | 60 |
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.