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Lonoke County, AR · Sold

AR-662756

5309 County Road 121

$24,400
$5,094/ac · 4.79 ac
Acreage4.79 ac
Price per acre$5,094/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJun 7, 2024
Coordinates34.7778, -91.8347
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

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

View Lonoke market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope22.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

317 ft of deeded road frontage.

Power7,740 ft away

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

Buildable area2.67 of 4.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,143
$16,453$23,834 · $4,205/ac on 4.79 ac
Asking vs estimate
+21.1%
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 $24,400
Maximum allowable offer
$11,510
$2,403/ac · +30.0% target margin

You need $12,890 off asking to hit this margin.

All-in cost$12,488
Net resale$18,532
Projected profit$6,043
ROI+48.4%
Annualized+69.3%
Break-even resale$2,834/ac
Profit if resale lands off target
-20%
$2,337
-10%
$4,190
0%
$6,043
+10%
$7,897
+20%
$9,750
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-712648
Paved · Off grid
4.4Jul 27, 2026$21,8004,9234,1678.7 mi
84
AR-604123
Gravel · Off grid
12.9Jul 27, 2026$43,6003,3863,6296.5 mi
75
AR-801703
Gravel · Full utilities
2.2Jun 18, 2025$15,4006,9244,9372.0 mi
70
AR-773920
Dirt · Power at road
11.1Nov 2, 2024$48,3004,3444,8693.2 mi
67
AR-201335
Gravel · Off grid
1.7Sep 28, 2025$4,7002,7632,7829.2 mi
66
AR-581365
Landlocked · Power at road
1.8Sep 19, 2024$5,3003,0423,9889.4 mi
61
AR-584267
Landlocked · Power at road
14.3Apr 9, 2025$52,1003,6415,1979.1 mi
58
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%

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.