Comparable sales & offer analysis
Parcel MO-408062
Shannon County, MO · 241 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$291,300
Adjusted value
$343,119
Value range
$268,133–$418,105
Comp $/acre
$1,425/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.1% versus the adjusted value.
Offer position
Max allowable offer
$196,068
Offer $/acre
$815/ac
Projected profit
$102,936
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MO-937929 | 218.6 | Oct 7, 2025 | $298,800 | 1,367 | 1,630 | 76 |
| MO-217951 | 222.1 | Mar 11, 2025 | $287,800 | 1,296 | 1,157 | 75 |
| MO-648089 | 245.5 | Oct 14, 2023 | $312,500 | 1,273 | 1,050 | 71 |
| MO-659931 | 932.2 | Jul 27, 2026 | $995,000 | 1,067 | 1,323 | 65 |
| MO-429099 | 510.2 | Apr 5, 2025 | $660,700 | 1,295 | 2,020 | 63 |
| MO-505709 | 43.8 | Oct 12, 2025 | $119,100 | 2,721 | 1,607 | 61 |
| MO-796290 | 66.7 | Dec 30, 2025 | $107,900 | 1,618 | 1,245 | 58 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.