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Holmes County, MS · Sold

MS-965592

5364 County Road 240

$58,400
$1,452/ac · 40.22 ac
Acreage40.22 ac
Price per acre$1,452/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedNov 10, 2025
Coordinates33.0818, -89.9823
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

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

View Holmes market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,754 ft away

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

Buildable area33.20 of 40.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$74,212
$61,760$86,664 · $1,845/ac on 40.22 ac
Asking vs estimate
-21.3%
Priced below the comp set

Weighted from 9 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 $58,400
Maximum allowable offer
$42,407
$1,054/ac · +30.0% target margin

You need $15,993 off asking to hit this margin.

All-in cost$46,012
Net resale$68,275
Projected profit$22,264
ROI+48.4%
Annualized+69.2%
Break-even resale$1,243/ac
Profit if resale lands off target
-20%
$8,609
-10%
$15,436
0%
$22,264
+10%
$29,091
+20%
$35,919
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-895542
Dirt · Off grid
38.8Mar 31, 2024$70,1001,8061,5602.4 mi
81
MS-824963
Paved · Off grid
25.5Feb 8, 2026$102,4004,0172,1947.9 mi
74
MS-404924
Dirt · Power at road
24.8Feb 26, 2026$61,6002,4871,5746.0 mi
73
MS-554928
Landlocked · Off grid
24.9Jan 10, 2025$46,6001,8741,8484.8 mi
72
MS-115379
Landlocked · Full utilities
34.5May 16, 2025$75,3002,1851,55913.9 mi
72
MS-214062
Landlocked · Off grid
13.3Apr 24, 2024$29,1002,1942,0623.3 mi
68
MS-454878
Gravel · Full utilities
24.0Mar 13, 2025$76,1003,1731,4655.0 mi
68
MS-294522
Paved · Power at road
18.5Jul 19, 2024$91,7004,9472,34111.4 mi
62
MS-996482
Paved · Full utilities
76.6Jan 9, 2025$335,6004,3792,14413.9 mi
60
Show adjustment detail for the top comp
  • Tract size (38.79 ac → 40.22 ac)-0.7%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (29 mo)+10.0%

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.