Comparable sales & offer analysis
Parcel KS-486515
Smith County, KS · 112 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$251,900
Adjusted value
$242,188
Value range
$203,016–$281,360
Comp $/acre
$2,160/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.0% versus the adjusted value.
Offer position
Max allowable offer
$138,393
Offer $/acre
$1,234/ac
Projected profit
$72,656
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-327425 | 216.8 | Aug 8, 2025 | $338,700 | 1,562 | 1,944 | 78 |
| KS-825802 | 66.9 | Jun 24, 2026 | $186,700 | 2,791 | 2,310 | 77 |
| KS-127716 | 267.6 | Apr 11, 2026 | $571,100 | 2,134 | 1,865 | 76 |
| KS-846112 | 83.7 | Oct 20, 2025 | $280,900 | 3,355 | 2,094 | 76 |
| KS-116787 | 136.6 | Apr 19, 2025 | $289,400 | 2,120 | 2,190 | 74 |
| KS-347471 | 224.1 | Sep 9, 2025 | $793,700 | 3,541 | 3,014 | 71 |
| KS-324806 | 32.5 | Jul 27, 2026 | $119,100 | 3,663 | 2,232 | 70 |
| KS-467862 | 297.5 | Feb 15, 2026 | $596,700 | 2,006 | 2,140 | 70 |
| KS-155368 | 48.9 | Mar 2, 2025 | $113,400 | 2,322 | 1,673 | 68 |
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.