← New search
Madison County, MS · Sold

MS-384197

298 County Road 312

$47,300
$3,231/ac · 14.64 ac
Acreage14.64 ac
Price per acre$3,231/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedSep 15, 2025
Coordinates32.5728, -89.9404
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

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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope14.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power121 ft away

Power at or near the road.

Buildable area11.26 of 14.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,441
$34,583$54,298 · $3,036/ac on 14.64 ac
Asking vs estimate
+6.4%
Priced above 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 $47,300
Maximum allowable offer
$25,395
$1,735/ac · +30.0% target margin

You need $21,905 off asking to hit this margin.

All-in cost$27,554
Net resale$40,885
Projected profit$13,332
ROI+48.4%
Annualized+69.2%
Break-even resale$2,046/ac
Profit if resale lands off target
-20%
$5,155
-10%
$9,243
0%
$13,332
+10%
$17,420
+20%
$21,509
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-854241
Gravel · Power at road
15.1Oct 5, 2024$35,9002,3762,2113.6 mi
77
MS-383130
Paved · Power at road
6.8Jul 27, 2026$26,5003,9152,6874.3 mi
76
MS-814901
Landlocked · Power at road
24.4Apr 27, 2026$54,7002,2453,0627.9 mi
75
MS-554847
Dirt · Power at road
23.4Apr 8, 2024$89,0003,7974,4207.7 mi
68
MS-583063
Paved · Power at road
6.4Sep 22, 2025$26,9004,1762,96010.2 mi
65
MS-625243
Paved · Off grid
31.2Jan 15, 2025$93,3002,9863,0216.6 mi
62
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (22 mo)+7.8%

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.