← New search
Hinds County, MS · Sold

MS-467457

7309 County Road 40

$280,000
$1,803/ac · 155 ac
Acreage155 ac
Price per acre$1,803/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJan 1, 2025
Coordinates32.3268, -90.4613
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

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

View Hinds market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope28.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,689 ft of deeded road frontage.

Power6,620 ft away

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

Buildable area91.78 of 155.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$216,123
$170,467$261,779 · $1,392/ac on 155 ac
Asking vs estimate
+29.6%
Priced above the comp set

Weighted from 10 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 $280,000
Maximum allowable offer
$123,499
$795/ac · +30.0% target margin

You need $156,501 off asking to hit this margin.

All-in cost$133,996
Net resale$198,833
Projected profit$64,837
ROI+48.4%
Annualized+69.2%
Break-even resale$938/ac
Profit if resale lands off target
-20%
$25,070
-10%
$44,953
0%
$64,837
+10%
$84,720
+20%
$104,603
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-807461
Gravel · Power at road
155.8Jul 17, 2026$173,5001,1149516.0 mi
92
MS-597267
Dirt · Power at road
135.3Jul 27, 2026$141,8001,0481,0012.0 mi
90
MS-126820
Gravel · Power at road
97.9Jun 21, 2026$204,2002,0861,5852.9 mi
85
MS-846692
Dirt · Off grid
89.2Jul 27, 2026$119,4001,3381,3542.1 mi
80
MS-898184
Dirt · Off grid
263.0Jan 7, 2026$239,7009121,2580.8 mi
77
MS-218304
Dirt · Full utilities
286.8Jul 27, 2026$453,7001,5821,5258.6 mi
74
MS-526151
Gravel · Off grid
60.3Jan 29, 2025$130,1002,1581,8265.9 mi
70
MS-537028
Paved · Power at road
113.8Nov 15, 2024$205,3001,8041,2869.3 mi
67
MS-318739
Gravel · Off grid
393.1Sep 18, 2024$436,7001,1111,5632.5 mi
66
MS-765834
Gravel · Off grid
47.9Feb 19, 2025$109,4002,2831,8385.7 mi
63
Show adjustment detail for the top comp
  • 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.