Okaloosa County, FL · Sold

FL-430728

9488 County Road 240

$6,300

$8,289/ac · 0.76 ac

Offer report Market this tract

Acreage0.76 ac

Price per acre$8,289/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedNov 7, 2024

Coordinates30.6911, -86.5087

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County GIS boundary

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County market

Okaloosa County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Okaloosa market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

142 ft of deeded road frontage.

Power4,758 ft away

Service extension needed; get a utility quote.

Buildable area0.66 of 0.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$7,419

$6,132 – $8,706 · $9,762/ac on 0.76 ac

Asking vs estimate

-15.1%

Priced below the comp set

Weighted from 10 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 $6,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$4,239

$5,578/ac · +30.0% target margin

You need $2,061 off asking to hit this margin.

All-in cost$4,599

Net resale$6,825

Projected profit$2,226

ROI+48.4%

Annualized+69.3%

Break-even resale$6,578/ac

Profit if resale lands off target

-20%

$861

-10%

$1,543

$2,226

+10%

$2,909

+20%

$3,591

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
FL-250615 Gravel · Off grid	0.7	Jul 27, 2026	$8,200	11,726	10,100	6.4 mi	85
FL-410625 Landlocked · Power at road	0.7	Feb 7, 2026	$7,500	10,606	11,643	6.2 mi	80
FL-511577 Dirt · Full utilities	1.4	Jul 27, 2026	$15,700	11,132	7,825	12.7 mi	79
FL-330465 Gravel · Power at road	0.6	May 3, 2025	$7,000	11,155	8,583	2.7 mi	75
FL-740812 Paved · Off grid	0.8	Jan 6, 2024	$8,100	10,042	8,125	11.3 mi	70
FL-731415 Dirt · Full utilities	1.3	Apr 29, 2025	$15,500	12,430	9,179	8.2 mi	69
FL-992002 Paved · Full utilities	1.9	Jul 27, 2026	$46,600	24,250	12,488	13.6 mi	67
FL-210040 Paved · Power at road	0.5	Feb 12, 2024	$8,200	17,848	12,183	2.5 mi	65
FL-242405 Dirt · Full utilities	2.6	Feb 9, 2026	$27,200	10,598	7,682	8.2 mi	65
FL-432245 Gravel · Off grid	2.3	Jun 15, 2026	$25,900	11,311	9,949	15.2 mi	65

Show adjustment detail for the top comp

Access (Gravel → Dirt)-14.0%

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.

Build the listing kit Post a deal or JV