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Panola County, MS · Sold

MS-497062

663 County Road 354

$195,100
$1,673/ac · 117 ac
Acreage117 ac
Price per acre$1,673/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 4, 2023
Coordinates34.3659, -89.9017
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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

Panola County, Mississippi. Deep South timber and deer-lease tracts, consistently the cheapest in the region.

View Panola market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
60
High risk
Wetlands48.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,150 ft away

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

Buildable area56.96 of 116.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$267,056
$218,765$315,347 · $2,289/ac on 117 ac
Asking vs estimate
-26.9%
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 $195,100
Maximum allowable offer
$152,603
$1,308/ac · +30.0% target margin

You need $42,497 off asking to hit this margin.

All-in cost$165,574
Net resale$245,692
Projected profit$80,117
ROI+48.4%
Annualized+69.3%
Break-even resale$1,543/ac
Profit if resale lands off target
-20%
$30,979
-10%
$55,548
0%
$80,117
+10%
$104,686
+20%
$129,256
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-526387
Gravel · Power at road
71.5Jul 27, 2026$315,6004,4112,8734.4 mi
82
MS-697897
Gravel · Power at road
213.6Nov 9, 2025$644,4003,0172,6770.9 mi
77
MS-806187
Dirt · Power at road
61.9Jul 27, 2026$190,8003,0832,2627.9 mi
76
MS-696298
Landlocked · Power at road
67.1Jul 27, 2026$128,7001,9181,8117.9 mi
75
MS-988297
Paved · Off grid
285.4May 12, 2025$630,6002,2102,1671.7 mi
72
MS-438063
Gravel · Off grid
240.9Mar 3, 2026$344,9001,4321,5276.0 mi
72
MS-625521
Dirt · Off grid
38.2Jan 3, 2026$102,5002,6842,1555.4 mi
69
MS-388148
Landlocked · Power at road
256.2Aug 20, 2024$479,6001,8722,7003.0 mi
67
MS-278130
Dirt · Off grid
252.9Jan 3, 2024$484,1001,9142,6221.1 mi
67
MS-137536
Gravel · Power at road
164.4Jun 3, 2024$382,4002,3252,0336.2 mi
66
Show adjustment detail for the top comp
  • Tract size (71.54 ac → 116.65 ac)-11.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.