Comparable sales & offer analysis
Parcel KS-788358
Wallace County, KS · 426 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$324,300
Adjusted value
$499,775
Value range
$416,816–$582,733
Comp $/acre
$1,173/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.1% versus the adjusted value.
Offer position
Max allowable offer
$285,585
Offer $/acre
$670/ac
Projected profit
$149,932
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-807819 | 288.4 | Aug 6, 2025 | $525,500 | 1,822 | 1,187 | 74 |
| KS-747931 | 312.8 | Apr 16, 2024 | $519,000 | 1,659 | 1,123 | 69 |
| KS-488851 | 609.0 | Apr 29, 2024 | $1,266,300 | 2,079 | 1,475 | 67 |
| KS-817152 | 177.9 | May 30, 2026 | $473,100 | 2,660 | 1,410 | 66 |
| KS-609493 | 969.7 | Oct 21, 2025 | $814,200 | 840 | 954 | 66 |
| KS-946826 | 140.5 | Aug 15, 2025 | $297,700 | 2,119 | 1,089 | 58 |
| KS-639807 | 1217.3 | May 14, 2024 | $1,082,700 | 889 | 918 | 56 |
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.