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Bates County, MO · Sold

MO-758966

6869 County Road 198

$1,006,800
$2,173/ac · 463 ac
Acreage463 ac
Price per acre$2,173/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedMar 4, 2025
Coordinates38.2041, -94.4444
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Bates County, Missouri. Ozark recreational land and cattle ground; heavy owner-finance activity.

View Bates market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,341 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area419.94 of 463.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$987,663
$823,793$1,151,532 · $2,132/ac on 463 ac
Asking vs estimate
+1.9%
In line with the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,006,800
Maximum allowable offer
$564,379
$1,218/ac · +30.0% target margin

You need $442,421 off asking to hit this margin.

All-in cost$612,351
Net resale$908,650
Projected profit$296,298
ROI+48.4%
Annualized+69.2%
Break-even resale$1,436/ac
Profit if resale lands off target
-20%
$114,568
-10%
$205,433
0%
$296,298
+10%
$387,163
+20%
$478,028
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-729191
Gravel · Power at road
545.4Jun 6, 2026$764,6001,4021,8115.1 mi
89
MO-508734
Dirt · Off grid
391.7Jun 26, 2026$540,6001,3802,2033.3 mi
83
MO-288563
Gravel · Power at road
346.0Jul 27, 2026$691,5001,9982,2408.2 mi
81
MO-588169
Dirt · Off grid
260.1Jul 27, 2026$413,6001,5902,2440.9 mi
79
MO-829426
Dirt · Power at road
646.6Jul 27, 2026$1,120,2001,7322,7256.4 mi
79
MO-388819
Gravel · Power at road
416.6Dec 5, 2024$606,6001,4561,8435.8 mi
75
MO-288844
Dirt · Power at road
424.2Nov 30, 2025$432,7001,0201,45112.7 mi
74
MO-539460
Paved · Full utilities
662.7Dec 28, 2023$1,491,9002,2512,3625.3 mi
67
MO-708553
Dirt · Power at road
343.5Aug 26, 2024$575,4001,6752,35310.9 mi
65
Show adjustment detail for the top comp
  • Tract size (545.39 ac → 463.36 ac)+5.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (2 mo)+0.8%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.