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Franklin County, MO · Sold

MO-767617

6832 County Road 164

$355,900
$2,041/ac · 174 ac
Acreage174 ac
Price per acre$2,041/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedFeb 4, 2025
Coordinates38.4213, -91.0237
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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

4 items to verify before you offer.

Risk index
51
Moderate risk
Wetlands43.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,649 ft of deeded road frontage.

Power8,972 ft away

A long utility run — price in solar/off-grid instead.

Buildable area93.60 of 174.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$369,152
$307,400$430,904 · $2,117/ac on 174 ac
Asking vs estimate
-3.6%
In line with 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 $355,900
Maximum allowable offer
$210,944
$1,210/ac · +30.0% target margin

You need $144,956 off asking to hit this margin.

All-in cost$228,874
Net resale$339,620
Projected profit$110,746
ROI+48.4%
Annualized+69.2%
Break-even resale$1,427/ac
Profit if resale lands off target
-20%
$42,822
-10%
$76,784
0%
$110,746
+10%
$144,708
+20%
$178,670
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-596017
Gravel · Power at road
54.7May 25, 2026$190,8003,4872,2571.0 mi
78
MO-187297
Paved · Off grid
138.3Oct 22, 2024$404,7002,9262,5084.7 mi
77
MO-168877
Landlocked · Off grid
434.4Jul 27, 2026$467,6001,0762,0637.4 mi
77
MO-356439
Dirt · Off grid
74.3Jul 27, 2026$152,4002,0521,92810.0 mi
77
MO-477591
Paved · Power at road
171.1Sep 19, 2025$311,5001,8201,3548.9 mi
76
MO-408124
Gravel · Off grid
251.8Feb 11, 2025$510,0002,0262,3878.9 mi
71
MO-116833
Gravel · Power at road
98.8May 16, 2025$335,5003,3952,6203.0 mi
71
MO-636198
Landlocked · Full utilities
62.4Jul 27, 2026$141,4002,2671,8065.7 mi
70
MO-906425
Paved · Off grid
73.5Oct 30, 2025$233,7003,1792,2394.1 mi
69
MO-409242
Dirt · Off grid
565.9Jul 25, 2026$699,2001,2362,0289.2 mi
69
Show adjustment detail for the top comp
  • Tract size (54.72 ac → 174.38 ac)-24.6%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+0.9%

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.