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Shannon County, MO · Sold

MO-648089

5168 County Road 234

$378,800
$1,543/ac · 245 ac
Acreage245 ac
Price per acre$1,543/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedAug 28, 2023
Coordinates37.1673, -91.4878
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

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

View Shannon market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
11
Low risk
Wetlands10.6% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,099 ft of deeded road frontage.

Power6 ft away

Power at or near the road.

Buildable area208.48 of 245.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$468,190
$367,776$568,604 · $1,907/ac on 245 ac
Asking vs estimate
-19.1%
Priced below 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 $378,800
Maximum allowable offer
$267,537
$1,090/ac · +30.0% target margin

You need $111,263 off asking to hit this margin.

All-in cost$290,278
Net resale$430,735
Projected profit$140,457
ROI+48.4%
Annualized+69.2%
Break-even resale$1,285/ac
Profit if resale lands off target
-20%
$54,310
-10%
$97,384
0%
$140,457
+10%
$183,531
+20%
$226,604
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-408062
Dirt · Power at road
240.7Feb 13, 2026$271,5001,1281,5718.3 mi
81
MO-937929
Dirt · Off grid
218.6Oct 7, 2025$298,8001,3672,2123.8 mi
78
MO-217951
Paved · Off grid
222.1Mar 11, 2025$287,8001,2961,5716.9 mi
76
MO-796290
Landlocked · Full utilities
66.7Dec 30, 2025$107,9001,6181,6893.9 mi
69
MO-659931
Dirt · Full utilities
932.2Jul 27, 2026$995,0001,0671,7959.9 mi
65
MO-429099
Dirt · Off grid
510.2Apr 5, 2025$660,7001,2952,7419.4 mi
62
Show adjustment detail for the top comp
  • Tract size (240.72 ac → 245.47 ac)-0.6%
  • Access (Dirt → Paved)+37.2%
  • Market time (6 mo)+2.1%

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.