Hempstead County, AR · Sold

AR-429159

1262 County Road 348

$893,800

$1,806/ac · 495 ac

Offer report Market this tract

Acreage495 ac

Price per acre$1,806/ac

ZoningMixed Use

Road accessDirt

UtilitiesFull utilities

TopographyMixed

ListedMar 3, 2026

Coordinates33.8150, -93.7445

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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

Hempstead County, Arkansas. Ozark hunting camps and Delta row-crop ground at some of the South's lowest entry prices.

View Hempstead market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Low risk

Wetlands19.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area376.54 of 494.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$906,345

$718,868 – $1,093,821 · $1,832/ac on 495 ac

Asking vs estimate

-1.4%

In line with the comp set

Weighted from 7 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 $893,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$517,911

$1,047/ac · +30.0% target margin

You need $375,889 off asking to hit this margin.

All-in cost$561,933

Net resale$833,837

Projected profit$271,904

ROI+48.4%

Annualized+69.2%

Break-even resale$1,234/ac

Profit if resale lands off target

-20%

$105,136

-10%

$188,520

$271,904

+10%

$355,287

+20%

$438,671

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
AR-108769 Dirt · Off grid	373.0	Jul 27, 2026	$516,200	1,384	1,829	6.9 mi	83
AR-978937 Gravel · Power at road	421.3	Mar 15, 2026	$670,700	1,592	1,620	10.8 mi	81
AR-757325 Dirt · Power at road	131.1	Jul 27, 2026	$197,100	1,504	1,260	11.8 mi	67
AR-897141 Paved · Power at road	114.7	Jun 9, 2026	$297,800	2,596	1,540	7.0 mi	64
AR-446820 Gravel · Off grid	90.9	Jun 11, 2026	$239,600	2,635	2,049	7.5 mi	62
AR-367841 Dirt · Power at road	190.4	Jan 31, 2024	$396,700	2,083	2,131	3.0 mi	62
AR-616969 Dirt · Power at road	101.3	May 6, 2025	$310,000	3,062	2,526	3.0 mi	61

Show adjustment detail for the top comp

Tract size (373.04 ac → 494.83 ac)-8.1%
Utilities (Off grid → Full utilities)+43.5%

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.

Build the listing kit Post a deal or JV