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Vernon County, MO · Sold

MO-657723

1492 County Road 400

$253,600
$1,347/ac · 188 ac
Acreage188 ac
Price per acre$1,347/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedApr 7, 2025
Coordinates37.7809, -94.3341
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

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

View Vernon market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope16.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,856 ft of deeded road frontage.

Power14,460 ft away

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

Buildable area141.15 of 188.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$303,275
$237,123$369,428 · $1,611/ac on 188 ac
Asking vs estimate
-16.4%
Priced below the comp set

Weighted from 8 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 $253,600
Maximum allowable offer
$173,300
$920/ac · +30.0% target margin

You need $80,300 off asking to hit this margin.

All-in cost$188,031
Net resale$279,013
Projected profit$90,983
ROI+48.4%
Annualized+69.3%
Break-even resale$1,085/ac
Profit if resale lands off target
-20%
$35,180
-10%
$63,082
0%
$90,983
+10%
$118,884
+20%
$146,786
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MO-626868
Dirt · Power at road
101.4Jul 27, 2026$171,3001,6901,2245.5 mi
82
MO-677574
Paved · Power at road
169.0May 13, 2026$547,4003,2381,9699.0 mi
79
MO-366767
Gravel · Off grid
94.2Jul 27, 2026$218,4002,3181,6688.2 mi
79
MO-848293
Dirt · Full utilities
284.6Apr 30, 2026$451,9001,5881,2599.7 mi
77
MO-806872
Dirt · Power at road
101.7Nov 26, 2025$181,9001,7901,3331.0 mi
75
MO-266486
Dirt · Full utilities
76.9Jul 27, 2026$310,6004,0412,2455.1 mi
75
MO-726359
Landlocked · Power at road
70.1Sep 20, 2024$109,6001,5641,4151.5 mi
62
MO-469057
Paved · Power at road
494.9Mar 25, 2025$1,028,7002,0781,8059.4 mi
60
Show adjustment detail for the top comp
  • Tract size (101.36 ac → 188.3 ac)-15.0%
  • Utilities (Power at road → Off grid)-15.0%

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.