← New search
Carroll County, MS · Sold

MS-537322

8615 County Road 198

$276,200
$1,961/ac · 141 ac
Acreage141 ac
Price per acre$1,961/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedFeb 29, 2024
Coordinates33.4950, -89.9955
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

Carroll County, Mississippi. Deep South timber and deer-lease tracts, consistently the cheapest in the region.

View Carroll market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands20.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

2,922 ft of deeded road frontage.

Power13,620 ft away

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

Buildable area106.63 of 140.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$333,864
$290,037$377,691 · $2,371/ac on 141 ac
Asking vs estimate
-17.3%
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 $276,200
Maximum allowable offer
$190,780
$1,355/ac · +30.0% target margin

You need $85,420 off asking to hit this margin.

All-in cost$206,996
Net resale$307,155
Projected profit$100,159
ROI+48.4%
Annualized+69.2%
Break-even resale$1,598/ac
Profit if resale lands off target
-20%
$38,728
-10%
$69,443
0%
$100,159
+10%
$130,874
+20%
$161,590
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-377693
Gravel · Power at road
184.3Aug 18, 2025$499,4002,7102,58010.3 mi
77
MS-545874
Landlocked · Off grid
49.3Mar 29, 2026$113,5002,3012,69010.6 mi
70
MS-759349
Landlocked · Full utilities
611.5Jul 27, 2026$909,5001,4872,3320.0 mi
70
MS-215894
Landlocked · Off grid
50.0Jan 22, 2026$74,3001,4841,7538.6 mi
66
MS-298461
Gravel · Power at road
321.4Sep 29, 2024$710,9002,2122,5555.3 mi
64
MS-869216
Gravel · Full utilities
555.4May 14, 2024$1,103,1001,9862,2479.3 mi
55
Show adjustment detail for the top comp
  • Tract size (184.25 ac → 140.83 ac)+7.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (12 mo)+4.2%

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.