Comparable sales & offer analysis
Parcel KS-488851
Wallace County, KS · 609 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,271,400
Adjusted value
$963,519
Value range
$730,079–$1,196,958
Comp $/acre
$1,582/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.0% versus the adjusted value.
Offer position
Max allowable offer
$550,582
Offer $/acre
$904/ac
Projected profit
$289,056
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-788358 | 426.1 | Jul 27, 2026 | $268,200 | 629 | 980 | 80 |
| KS-609493 | 969.7 | Oct 21, 2025 | $814,200 | 840 | 1,474 | 74 |
| KS-817152 | 177.9 | May 30, 2026 | $473,100 | 2,660 | 2,178 | 69 |
| KS-639807 | 1217.3 | May 14, 2024 | $1,082,700 | 889 | 1,419 | 68 |
| KS-747931 | 312.8 | Apr 16, 2024 | $519,000 | 1,659 | 1,736 | 67 |
| KS-807819 | 288.4 | Aug 6, 2025 | $525,500 | 1,822 | 1,833 | 64 |
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.