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Madison County, MS · Sold

MS-969503

2128 County Road 299

$644,200
$942/ac · 684 ac
Acreage684 ac
Price per acre$942/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedFeb 15, 2024
Coordinates32.6920, -90.0291
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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

4 items to verify before you offer.

Risk index
16
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,290 ft of deeded road frontage.

Power3,708 ft away

Service extension needed; get a utility quote.

Buildable area570.27 of 683.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$673,402
$531,674$815,129 · $985/ac on 684 ac
Asking vs estimate
-4.3%
In line with 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 $644,200
Maximum allowable offer
$384,801
$563/ac · +30.0% target margin

You need $259,399 off asking to hit this margin.

All-in cost$417,509
Net resale$619,530
Projected profit$202,021
ROI+48.4%
Annualized+69.2%
Break-even resale$664/ac
Profit if resale lands off target
-20%
$78,115
-10%
$140,068
0%
$202,021
+10%
$263,974
+20%
$325,927
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-949540
Gravel · Full utilities
702.3Jul 27, 2026$1,611,4002,2941,38910.0 mi
82
MS-909376
Dirt · Power at road
623.6May 7, 2025$646,6001,0379033.0 mi
79
MS-979308
Paved · Off grid
593.6Jul 20, 2025$847,7001,4281,0425.2 mi
77
MS-918422
Dirt · Power at road
312.4Jul 27, 2026$393,7001,2608497.0 mi
75
MS-779056
Paved · Off grid
494.6Sep 2, 2024$628,0001,2709075.5 mi
70
MS-318299
Landlocked · Off grid
285.8May 27, 2026$222,0007777649.9 mi
70
Show adjustment detail for the top comp
  • Tract size (702.27 ac → 683.7 ac)+0.8%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.