Comparable sales & offer analysis
Parcel KS-347471
Smith County, KS · 224 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$761,700
Adjusted value
$559,910
Value range
$490,664–$629,157
Comp $/acre
$2,498/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +36.0% versus the adjusted value.
Offer position
Max allowable offer
$319,949
Offer $/acre
$1,428/ac
Projected profit
$167,973
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 | 2,290 | 85 |
| KS-467862 | 297.5 | Feb 15, 2026 | $596,700 | 2,006 | 2,627 | 85 |
| KS-327425 | 216.8 | Aug 8, 2025 | $338,700 | 1,562 | 2,386 | 82 |
| KS-858268 | 399.2 | Feb 9, 2026 | $925,300 | 2,318 | 2,308 | 75 |
| KS-116787 | 136.6 | Apr 19, 2025 | $289,400 | 2,120 | 2,688 | 72 |
| KS-568953 | 655.7 | Jul 27, 2026 | $974,100 | 1,486 | 1,960 | 69 |
| KS-825802 | 66.9 | Jun 24, 2026 | $186,700 | 2,791 | 2,837 | 68 |
| KS-138369 | 429.5 | Aug 31, 2024 | $659,200 | 1,535 | 2,374 | 67 |
| KS-486515 | 112.1 | Aug 23, 2024 | $267,300 | 2,384 | 3,169 | 65 |
| KS-618635 | 520.8 | Jan 12, 2025 | $625,200 | 1,200 | 2,425 | 65 |
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.