← New search
Franklin County, MO · Sold

MO-834511

2867 County Road 292

$38,200
$2,078/ac · 18.38 ac
Acreage18.38 ac
Price per acre$2,078/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedApr 10, 2024
Coordinates38.3796, -91.1208
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

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

View Franklin market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands13.6% 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 accessLandlocked

No legal access of record — resale is severely limited.

Power3,274 ft away

Service extension needed; get a utility quote.

Buildable area15.09 of 18.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,778
$34,482$49,075 · $2,273/ac on 18.38 ac
Asking vs estimate
-8.6%
Priced below the comp set

Weighted from 10 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 $38,200
Maximum allowable offer
$23,873
$1,299/ac · +30.0% target margin

You need $14,327 off asking to hit this margin.

All-in cost$25,902
Net resale$38,436
Projected profit$12,534
ROI+48.4%
Annualized+69.3%
Break-even resale$1,532/ac
Profit if resale lands off target
-20%
$4,846
-10%
$8,690
0%
$12,534
+10%
$16,377
+20%
$20,221
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-804219
Gravel · Off grid
14.9Jul 27, 2026$63,5004,2712,8412.9 mi
86
MO-374669
Gravel · Full utilities
20.6Jul 27, 2026$82,6004,0081,9318.2 mi
82
MO-163621
Dirt · Off grid
9.7Jul 27, 2026$25,8002,6751,9895.9 mi
81
MO-824276
Gravel · Power at road
15.5Jun 14, 2026$72,3004,6642,6625.9 mi
81
MO-974885
Paved · Power at road
24.1Jul 2, 2026$95,0003,9402,0104.2 mi
81
MO-924547
Dirt · Power at road
18.9Oct 22, 2025$77,3004,1012,8606.1 mi
78
MO-244505
Paved · Power at road
18.3Jun 12, 2025$80,6004,4022,2626.9 mi
77
MO-636198
Landlocked · Full utilities
62.4Jul 27, 2026$141,4002,2671,9478.2 mi
74
MO-596017
Gravel · Power at road
54.7May 25, 2026$190,8003,4872,4345.4 mi
68
MO-915140
Gravel · Power at road
29.0Aug 18, 2024$72,9002,5131,6773.9 mi
67
Show adjustment detail for the top comp
  • Tract size (14.87 ac → 18.38 ac)-2.4%
  • Access (Gravel → Landlocked)-32.0%

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.