← New search
Lauderdale County, MS · Sold

MS-420741

7400 County Road 62

$5,300
$4,417/ac · 1.20 ac
Acreage1.20 ac
Price per acre$4,417/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMay 18, 2024
Coordinates32.4007, -88.7038
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

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

View Lauderdale market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands42.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

192 ft of deeded road frontage.

Power123 ft away

Power at or near the road.

Buildable area0.65 of 1.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,547
$3,864$5,230 · $3,789/ac on 1.20 ac
Asking vs estimate
+16.6%
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 $5,300
Maximum allowable offer
$2,598
$2,165/ac · +30.0% target margin

You need $2,702 off asking to hit this margin.

All-in cost$2,819
Net resale$4,183
Projected profit$1,365
ROI+48.4%
Annualized+69.3%
Break-even resale$2,553/ac
Profit if resale lands off target
-20%
$528
-10%
$946
0%
$1,365
+10%
$1,783
+20%
$2,201
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-860453
Gravel · Power at road
1.0Jul 27, 2026$4,7004,8114,1376.1 mi
83
MS-900445
Landlocked · Off grid
1.0Jul 27, 2026$3,0003,0884,5944.8 mi
82
MS-990992
Landlocked · Off grid
1.4May 9, 2026$3,0002,0733,1276.7 mi
79
MS-351813
Dirt · Full utilities
2.6Jul 27, 2026$9,7003,7133,0939.0 mi
74
MS-410187
Gravel · Power at road
0.8May 8, 2025$3,5004,3573,9318.1 mi
70
MS-532235
Paved · Full utilities
3.5Nov 19, 2025$18,5005,2323,2974.0 mi
70
MS-181627
Paved · Full utilities
2.3Oct 14, 2024$15,0006,6244,3094.0 mi
64
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%

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.