Comparable sales & offer analysis
Parcel KS-858268
Smith County, KS · 399 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,128,400
Adjusted value
$1,047,911
Value range
$850,518–$1,245,305
Comp $/acre
$2,625/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.7% versus the adjusted value.
Offer position
Max allowable offer
$598,806
Offer $/acre
$1,500/ac
Projected profit
$314,373
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-467862 | 297.5 | Feb 15, 2026 | $596,700 | 2,006 | 2,710 | 80 |
| KS-568953 | 655.7 | Jul 27, 2026 | $974,100 | 1,486 | 2,022 | 79 |
| KS-127716 | 267.6 | Apr 11, 2026 | $571,100 | 2,134 | 2,362 | 78 |
| KS-138369 | 429.5 | Aug 31, 2024 | $659,200 | 1,535 | 2,449 | 77 |
| KS-347471 | 224.1 | Sep 9, 2025 | $793,700 | 3,541 | 3,817 | 72 |
| KS-618635 | 520.8 | Jan 12, 2025 | $625,200 | 1,200 | 2,501 | 72 |
| KS-327425 | 216.8 | Aug 8, 2025 | $338,700 | 1,562 | 2,462 | 68 |
| KS-116787 | 136.6 | Apr 19, 2025 | $289,400 | 2,120 | 2,773 | 62 |
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.