Henry County, IL · Sold

IL-756433

8049 County Road 266

$662,800

$10,454/ac · 63.40 ac

Offer report Market this tract

Acreage63.40 ac

Price per acre$10,454/ac

ZoningAgricultural

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedFeb 12, 2024

Coordinates41.3163, -90.0324

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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

Henry County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Henry market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,096 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area54.03 of 63.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$633,720

$556,733 – $710,708 · $9,996/ac on 63.40 ac

Asking vs estimate

+4.6%

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 $662,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$362,126

$5,712/ac · +30.0% target margin

You need $300,674 off asking to hit this margin.

All-in cost$392,907

Net resale$583,023

Projected profit$190,116

ROI+48.4%

Annualized+69.2%

Break-even resale$6,736/ac

Profit if resale lands off target

-20%

$73,512

-10%

$131,814

$190,116

+10%

$248,418

+20%

$306,721

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-635624 Paved · Full utilities	35.3	Jul 27, 2026	$498,700	14,135	9,207	1.0 mi	85
IL-875879 Gravel · Off grid	42.4	Jul 27, 2026	$317,800	7,489	8,541	6.1 mi	83
IL-496427 Gravel · Off grid	63.1	Mar 6, 2026	$613,900	9,726	12,218	6.5 mi	81
IL-316529 Gravel · Off grid	68.0	Jul 18, 2025	$547,400	8,054	10,552	7.8 mi	79
IL-556244 Dirt · Power at road	55.3	Apr 17, 2025	$405,900	7,343	9,188	11.3 mi	78
IL-425693 Dirt · Power at road	37.1	Jul 27, 2026	$299,200	8,067	8,872	8.1 mi	77
IL-716908 Landlocked · Power at road	89.4	Nov 19, 2025	$564,400	6,311	10,861	9.4 mi	76
IL-277058 Gravel · Full utilities	99.7	Jan 12, 2026	$891,900	8,946	8,758	8.7 mi	73
IL-656826 Dirt · Full utilities	84.3	Apr 13, 2024	$823,700	9,774	11,451	9.9 mi	69
IL-816279 Landlocked · Off grid	56.7	Mar 16, 2024	$305,400	5,386	10,516	7.2 mi	69

Show adjustment detail for the top comp

Tract size (35.28 ac → 63.4 ac)-10.8%
Access (Paved → Dirt)-27.1%

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.

Build the listing kit Post a deal or JV