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Henry County, MO · Sold

MO-933439

4387 County Road 294

$48,800
$5,775/ac · 8.45 ac
Acreage8.45 ac
Price per acre$5,775/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 21, 2024
Coordinates38.3920, -93.7476
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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands22.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

252 ft of deeded road frontage.

Power9,392 ft away

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

Buildable area6.22 of 8.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,770
$36,943$48,596 · $5,061/ac on 8.45 ac
Asking vs estimate
+14.1%
Priced above 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 $48,800
Maximum allowable offer
$24,440
$2,892/ac · +30.0% target margin

You need $24,360 off asking to hit this margin.

All-in cost$26,517
Net resale$39,348
Projected profit$12,831
ROI+48.4%
Annualized+69.2%
Break-even resale$3,411/ac
Profit if resale lands off target
-20%
$4,961
-10%
$8,896
0%
$12,831
+10%
$16,765
+20%
$20,700
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-643493
Gravel · Off grid
8.8May 16, 2026$46,9005,3404,6547.6 mi
84
MO-793364
Dirt · Off grid
8.0Apr 10, 2025$40,0004,9895,2531.8 mi
83
MO-113853
Landlocked · Off grid
11.4Apr 20, 2026$44,5003,9005,1196.2 mi
79
MO-833385
Dirt · Full utilities
8.1Jul 7, 2024$41,8005,1473,8938.5 mi
73
MO-393883
Dirt · Full utilities
11.7Jan 14, 2024$86,2007,3905,8565.7 mi
69
MO-254970
Dirt · Power at road
25.6Feb 17, 2026$131,3005,1225,0016.0 mi
68
MO-864758
Gravel · Off grid
22.0Feb 2, 2026$134,3006,1115,9177.5 mi
67
MO-973169
Gravel · Power at road
7.0Feb 1, 2024$38,7005,5644,4448.7 mi
66
MO-394658
Dirt · Off grid
20.4Aug 28, 2024$77,1003,7734,4566.0 mi
64
MO-182553
Paved · Full utilities
4.5Oct 20, 2024$52,30011,7566,2047.5 mi
62
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (3 mo)+1.1%

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.