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Laclede County, MO · Sold

MO-817040

5438 County Road 228

$360,500
$3,140/ac · 115 ac
Acreage115 ac
Price per acre$3,140/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedNov 11, 2023
Coordinates37.6861, -92.5121
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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

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

View Laclede market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

891 ft of deeded road frontage.

Power226 ft away

Power at or near the road.

Buildable area95.44 of 114.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$320,388
$248,974$391,802 · $2,791/ac on 115 ac
Asking vs estimate
+12.5%
Priced above the comp set

Weighted from 6 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 $360,500
Maximum allowable offer
$183,079
$1,595/ac · +30.0% target margin

You need $177,421 off asking to hit this margin.

All-in cost$198,641
Net resale$294,757
Projected profit$96,116
ROI+48.4%
Annualized+69.2%
Break-even resale$1,881/ac
Profit if resale lands off target
-20%
$37,165
-10%
$66,641
0%
$96,116
+10%
$125,592
+20%
$155,068
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-896713
Paved · Power at road
90.6Jul 27, 2026$249,2002,7511,8955.3 mi
83
MO-437983
Gravel · Power at road
227.3Jul 27, 2026$675,9002,9733,0807.4 mi
76
MO-578551
Dirt · Off grid
343.1Jun 18, 2026$700,9002,0433,2763.2 mi
73
MO-708214
Paved · Full utilities
268.7Aug 19, 2025$707,4002,6322,0654.8 mi
70
MO-635620
Gravel · Off grid
41.0Oct 21, 2025$168,4004,1043,4204.4 mi
65
MO-518639
Gravel · Full utilities
365.6Nov 18, 2024$1,137,3003,1103,2462.3 mi
60
Show adjustment detail for the top comp
  • Tract size (90.59 ac → 114.81 ac)-5.7%
  • 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.