Comparable sales & offer analysis
Parcel KS-131609
Smith County, KS · 3.21 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,600
Adjusted value
$12,797
Value range
$11,113–$14,481
Comp $/acre
$3,987/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.5% versus the adjusted value.
Offer position
Max allowable offer
$7,313
Offer $/acre
$2,278/ac
Projected profit
$3,839
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-181689 | 3.4 | Feb 28, 2026 | $14,000 | 4,104 | 3,562 | 86 |
| KS-601257 | 2.5 | Jul 27, 2026 | $7,500 | 3,029 | 3,505 | 83 |
| KS-672129 | 4.7 | Mar 22, 2026 | $17,500 | 3,733 | 3,848 | 77 |
| KS-911461 | 2.9 | Aug 25, 2025 | $17,600 | 6,109 | 4,566 | 75 |
| KS-480576 | 1.5 | Apr 14, 2024 | $6,500 | 4,260 | 3,911 | 66 |
| KS-642646 | 6.8 | Mar 31, 2025 | $25,300 | 3,718 | 3,293 | 64 |
| KS-962976 | 8.6 | Oct 27, 2024 | $26,400 | 3,051 | 5,066 | 63 |
| KS-680083 | 1.1 | May 4, 2024 | $4,300 | 4,088 | 4,334 | 60 |
| KS-873093 | 9.4 | Nov 23, 2023 | $32,800 | 3,490 | 4,062 | 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.