Comparable sales & offer analysis
Parcel KS-618635
Smith County, KS · 521 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$619,000
Adjusted value
$686,142
Value range
$548,668–$823,616
Comp $/acre
$1,317/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.8% versus the adjusted value.
Offer position
Max allowable offer
$392,081
Offer $/acre
$753/ac
Projected profit
$205,843
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-568953 | 655.7 | Jul 27, 2026 | $974,100 | 1,486 | 1,035 | 84 |
| KS-127716 | 267.6 | Apr 11, 2026 | $571,100 | 2,134 | 1,209 | 80 |
| KS-858268 | 399.2 | Feb 9, 2026 | $925,300 | 2,318 | 1,218 | 79 |
| KS-327425 | 216.8 | Aug 8, 2025 | $338,700 | 1,562 | 1,260 | 76 |
| KS-467862 | 297.5 | Feb 15, 2026 | $596,700 | 2,006 | 1,387 | 74 |
| KS-138369 | 429.5 | Aug 31, 2024 | $659,200 | 1,535 | 1,254 | 72 |
| KS-347471 | 224.1 | Sep 9, 2025 | $793,700 | 3,541 | 1,954 | 69 |
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.