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Madison County, MS · Sold

MS-909376

828 County Road 297

$690,800
$1,108/ac · 624 ac
Acreage624 ac
Price per acre$1,108/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJul 3, 2024
Coordinates32.7160, -90.0712
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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, Mississippi. Deep South timber and deer-lease tracts, consistently the cheapest in the region.

View Madison market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope23.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,779 ft of deeded road frontage.

Power94 ft away

Power at or near the road.

Buildable area353.21 of 623.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$745,326
$593,355$897,298 · $1,195/ac on 624 ac
Asking vs estimate
-7.3%
Priced below the comp set

Weighted from 6 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 $690,800
Maximum allowable offer
$425,901
$683/ac · +30.0% target margin

You need $264,899 off asking to hit this margin.

All-in cost$462,103
Net resale$685,700
Projected profit$223,597
ROI+48.4%
Annualized+69.2%
Break-even resale$805/ac
Profit if resale lands off target
-20%
$86,457
-10%
$155,027
0%
$223,597
+10%
$292,167
+20%
$360,737
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-979308
Paved · Off grid
593.6Jul 20, 2025$847,7001,4281,2604.3 mi
83
MS-918422
Dirt · Power at road
312.4Jul 27, 2026$393,7001,2601,0277.9 mi
82
MS-949540
Gravel · Full utilities
702.3Jul 27, 2026$1,611,4002,2941,68112.7 mi
79
MS-969503
Dirt · Off grid
683.7Mar 1, 2024$581,1008501,1353.0 mi
75
MS-779056
Paved · Off grid
494.6Sep 2, 2024$628,0001,2701,0985.8 mi
74
MS-318299
Landlocked · Off grid
285.8May 27, 2026$222,00077792411.7 mi
68
Show adjustment detail for the top comp
  • Tract size (593.63 ac → 623.6 ac)-1.5%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (13 mo)+4.5%

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.