← New search
Butler County, MO · Sold

MO-785433

1647 County Road 387

$187,100
$5,220/ac · 35.84 ac
Acreage35.84 ac
Price per acre$5,220/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMar 18, 2025
Coordinates36.7972, -90.4799
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

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

View Butler market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
16
Low risk
Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

874 ft of deeded road frontage.

Power1,286 ft away

Service extension needed; get a utility quote.

Buildable area28.70 of 35.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$138,737
$114,382$163,092 · $3,871/ac on 35.84 ac
Asking vs estimate
+34.9%
Priced above the comp set

Weighted from 5 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 $187,100
Maximum allowable offer
$79,278
$2,212/ac · +30.0% target margin

You need $107,822 off asking to hit this margin.

All-in cost$86,017
Net resale$127,638
Projected profit$41,621
ROI+48.4%
Annualized+69.3%
Break-even resale$2,609/ac
Profit if resale lands off target
-20%
$16,094
-10%
$28,858
0%
$41,621
+10%
$54,385
+20%
$67,149
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-645127
Gravel · Full utilities
28.7Mar 9, 2026$214,0007,4514,3838.0 mi
76
MO-344517
Gravel · Off grid
18.5Apr 4, 2026$111,3006,0294,7739.6 mi
71
MO-214441
Dirt · Off grid
17.5Jan 20, 2025$51,7002,9592,8409.5 mi
71
MO-466991
Dirt · Off grid
110.8Feb 16, 2026$312,5002,8203,6715.8 mi
70
MO-124002
Landlocked · Full utilities
12.7Aug 17, 2024$55,0004,3253,5965.2 mi
59
Show adjustment detail for the top comp
  • Tract size (28.72 ac → 35.84 ac)-3.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (5 mo)+1.8%

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.