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Lonoke County, AR · Sold

AR-345492

6887 County Road 388

$193,300
$5,566/ac · 34.73 ac
Acreage34.73 ac
Price per acre$5,566/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedNov 7, 2023
Coordinates34.7095, -91.9924
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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

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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,502 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area30.16 of 34.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$194,392
$155,020$233,763 · $5,597/ac on 34.73 ac
Asking vs estimate
-0.6%
In line with the comp set

Weighted from 5 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 $193,300
Maximum allowable offer
$111,081
$3,198/ac · +30.0% target margin

You need $82,219 off asking to hit this margin.

All-in cost$120,523
Net resale$178,840
Projected profit$58,317
ROI+48.4%
Annualized+69.2%
Break-even resale$3,772/ac
Profit if resale lands off target
-20%
$22,549
-10%
$40,433
0%
$58,317
+10%
$76,201
+20%
$94,085
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-604123
Gravel · Off grid
12.9Jul 27, 2026$43,6003,3865,0383.9 mi
72
AR-386128
Gravel · Power at road
55.1Dec 10, 2025$168,5003,0604,9456.0 mi
72
AR-584267
Landlocked · Power at road
14.3Apr 9, 2025$52,1003,6417,2164.9 mi
63
AR-773920
Dirt · Power at road
11.1Nov 2, 2024$48,3004,3446,76113.3 mi
58
AR-317249
Gravel · Power at road
124.0Nov 24, 2024$253,7002,0464,1684.6 mi
58
Show adjustment detail for the top comp
  • Tract size (12.88 ac → 34.73 ac)-12.3%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.