Comparable sales & offer analysis
Parcel KS-480576
Smith County, KS · 1.52 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,000
Adjusted value
$7,079
Value range
$6,332–$7,825
Comp $/acre
$4,657/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.1% versus the adjusted value.
Offer position
Max allowable offer
$4,045
Offer $/acre
$2,661/ac
Projected profit
$2,124
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 | 4,283 | 77 |
| KS-601257 | 2.5 | Jul 27, 2026 | $7,500 | 3,029 | 4,217 | 75 |
| KS-181689 | 3.4 | Feb 28, 2026 | $14,000 | 4,104 | 4,285 | 74 |
| KS-680083 | 1.1 | May 4, 2024 | $4,300 | 4,088 | 5,212 | 66 |
| KS-911461 | 2.9 | Aug 25, 2025 | $17,600 | 6,109 | 5,492 | 66 |
| KS-672129 | 4.7 | Mar 22, 2026 | $17,500 | 3,733 | 4,629 | 63 |
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.