Independence County, AR · Sold

AR-678224

7882 County Road 388

$425,500

$1,693/ac · 251 ac

Offer report Market this tract

Acreage251 ac

Price per acre$1,693/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedOct 25, 2024

Coordinates35.8052, -91.4856

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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

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

View Independence market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Low risk

Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,388 ft of deeded road frontage.

Power10,232 ft away

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

Buildable area208.94 of 251.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$391,823

$349,668 – $433,979 · $1,559/ac on 251 ac

Asking vs estimate

+8.6%

Priced above 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 $425,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$223,899

$891/ac · +30.0% target margin

You need $201,601 off asking to hit this margin.

All-in cost$242,930

Net resale$360,477

Projected profit$117,547

ROI+48.4%

Annualized+69.2%

Break-even resale$1,051/ac

Profit if resale lands off target

-20%

$45,451

-10%

$81,499

$117,547

+10%

$153,595

+20%

$189,642

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
AR-577171 Dirt · Power at road	117.2	Jul 27, 2026	$212,600	1,814	1,256	6.1 mi	76
AR-419675 Landlocked · Power at road	719.1	Jul 27, 2026	$796,800	1,108	1,633	1.0 mi	73
AR-736772 Dirt · Off grid	87.8	Jul 27, 2026	$171,400	1,952	1,481	9.4 mi	73
AR-726516 Dirt · Power at road	72.9	Jul 27, 2026	$177,300	2,431	1,501	8.2 mi	70
AR-176675 Landlocked · Off grid	81.8	Jun 24, 2026	$141,600	1,730	1,638	8.0 mi	69
AR-279807 Gravel · Full utilities	791.3	Mar 20, 2025	$1,620,200	2,048	1,831	4.5 mi	60
AR-176862 Gravel · Off grid	93.7	Apr 11, 2024	$213,500	2,278	1,654	7.8 mi	58

Show adjustment detail for the top comp

Tract size (117.22 ac → 251.36 ac)-18.7%
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.

Build the listing kit Post a deal or JV