Comparable sales & offer analysis
Parcel KS-181689
Smith County, KS · 3.40 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$13,600
Adjusted value
$15,886
Value range
$13,811–$17,961
Comp $/acre
$4,672/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.4% versus the adjusted value.
Offer position
Max allowable offer
$9,078
Offer $/acre
$2,670/ac
Projected profit
$4,766
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 | 4,181 | 90 |
| KS-601257 | 2.5 | Jul 27, 2026 | $7,500 | 3,029 | 4,116 | 81 |
| KS-672129 | 4.7 | Mar 22, 2026 | $17,500 | 3,733 | 4,519 | 80 |
| KS-911461 | 2.9 | Aug 25, 2025 | $17,600 | 6,109 | 5,362 | 75 |
| KS-642646 | 6.8 | Mar 31, 2025 | $25,300 | 3,718 | 3,867 | 66 |
| KS-480576 | 1.5 | Apr 14, 2024 | $6,500 | 4,260 | 4,592 | 66 |
| KS-873093 | 9.4 | Nov 23, 2023 | $32,800 | 3,490 | 4,770 | 61 |
| KS-962976 | 8.6 | Oct 27, 2024 | $26,400 | 3,051 | 5,949 | 61 |
| KS-680083 | 1.1 | May 4, 2024 | $4,300 | 4,088 | 5,090 | 58 |
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.