Comparable sales & offer analysis
Parcel KS-788358
Wallace County, KS · 426 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$324,300
Adjusted value
$497,191
Value range
$414,685–$579,697
Comp $/acre
$1,167/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -34.8% versus the adjusted value.
Offer position
Max allowable offer
$284,109
Offer $/acre
$667/ac
Projected profit
$149,157
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 | 1,180 | 75 |
| KS-747931 | 312.8 | Apr 16, 2024 | $519,000 | 1,659 | 1,118 | 69 |
| KS-817152 | 177.9 | May 30, 2026 | $473,100 | 2,660 | 1,402 | 68 |
| KS-488851 | 609.0 | Apr 29, 2024 | $1,266,300 | 2,079 | 1,468 | 68 |
| KS-609493 | 969.7 | Oct 21, 2025 | $814,200 | 840 | 949 | 67 |
| KS-946826 | 140.5 | Aug 15, 2025 | $297,700 | 2,119 | 1,083 | 59 |
| KS-639807 | 1217.3 | May 14, 2024 | $1,082,700 | 889 | 914 | 57 |
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.