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Henry County, MO · Sold

MO-855770

6687 County Road 123

$178,300
$3,897/ac · 45.75 ac
Acreage45.75 ac
Price per acre$3,897/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedOct 20, 2024
Coordinates38.4473, -93.8051
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

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

View Henry market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands28.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

849 ft of deeded road frontage.

Power156 ft away

Power at or near the road.

Buildable area30.90 of 45.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$230,249
$190,055$270,443 · $5,033/ac on 45.75 ac
Asking vs estimate
-22.6%
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 $178,300
Maximum allowable offer
$131,571
$2,876/ac · +30.0% target margin

You need $46,729 off asking to hit this margin.

All-in cost$142,755
Net resale$211,829
Projected profit$69,075
ROI+48.4%
Annualized+69.2%
Break-even resale$3,392/ac
Profit if resale lands off target
-20%
$26,709
-10%
$47,892
0%
$69,075
+10%
$90,257
+20%
$111,440
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-665796
Landlocked · Power at road
46.6Jan 18, 2025$152,7003,2754,4322.8 mi
83
MO-365896
Gravel · Power at road
50.1Apr 12, 2024$237,5004,7374,5562.2 mi
76
MO-254970
Dirt · Power at road
25.6Feb 17, 2026$131,3005,1224,73610.8 mi
73
MO-167405
Paved · Off grid
149.6May 3, 2026$508,3003,3983,8872.9 mi
73
MO-856210
Paved · Power at road
62.9Oct 8, 2024$541,6008,6067,2183.4 mi
72
MO-864758
Gravel · Off grid
22.0Feb 2, 2026$134,3006,1115,6032.9 mi
71
MO-526649
Gravel · Off grid
86.5Mar 1, 2025$342,9003,9654,8861.0 mi
68
MO-126958
Paved · Power at road
108.2Aug 31, 2025$532,4004,9214,52210.3 mi
64
MO-176937
Landlocked · Off grid
106.5Aug 9, 2024$294,6002,7655,3891.9 mi
63
MO-467403
Landlocked · Power at road
149.3May 1, 2025$447,7002,9985,2676.0 mi
62
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Market time (19 mo)+6.6%

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.