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Madison County, AR · Sold

AR-987970

2851 County Road 164

$394,700
$1,888/ac · 209 ac
Acreage209 ac
Price per acre$1,888/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJul 22, 2024
Coordinates35.9727, -93.7139
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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

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

View Madison market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands7.7% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,564 ft away

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

Buildable area183.36 of 209.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$418,097
$329,899$506,296 · $1,999/ac on 209 ac
Asking vs estimate
-5.6%
Priced below 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 $394,700
Maximum allowable offer
$238,913
$1,143/ac · +30.0% target margin

You need $155,787 off asking to hit this margin.

All-in cost$259,221
Net resale$384,649
Projected profit$125,429
ROI+48.4%
Annualized+69.2%
Break-even resale$1,347/ac
Profit if resale lands off target
-20%
$48,499
-10%
$86,964
0%
$125,429
+10%
$163,894
+20%
$202,359
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-659457
Gravel · Off grid
614.0Jul 27, 2026$809,5001,3182,1413.1 mi
78
AR-467800
Dirt · Full utilities
184.9Nov 8, 2024$467,7002,5302,5118.5 mi
75
AR-617633
Paved · Full utilities
163.8Feb 15, 2024$382,8002,3371,6821.4 mi
73
AR-339406
Gravel · Off grid
591.8Mar 19, 2026$680,7001,1501,8747.5 mi
68
AR-798470
Gravel · Power at road
300.4Feb 8, 2025$314,2001,0461,2387.9 mi
67
AR-536962
Paved · Off grid
100.8Sep 4, 2024$226,5002,2482,0046.1 mi
66
AR-369593
Gravel · Full utilities
677.6Jul 29, 2025$1,419,9002,0952,5455.2 mi
61
Show adjustment detail for the top comp
  • Tract size (614.05 ac → 209.11 ac)+37.3%
  • Access (Gravel → Paved)+18.0%

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.