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Panola County, MS · Sold

MS-738900

4984 County Road 151

$871,500
$1,973/ac · 442 ac
Acreage442 ac
Price per acre$1,973/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedNov 6, 2024
Coordinates34.3385, -89.8831
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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

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands13.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,132 ft of deeded road frontage.

Power137 ft away

Power at or near the road.

Buildable area363.41 of 441.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$861,800
$664,924$1,058,677 · $1,951/ac on 442 ac
Asking vs estimate
+1.1%
In line with the comp set

Weighted from 9 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 $871,500
Maximum allowable offer
$492,457
$1,115/ac · +30.0% target margin

You need $379,043 off asking to hit this margin.

All-in cost$534,316
Net resale$792,856
Projected profit$258,541
ROI+48.4%
Annualized+69.3%
Break-even resale$1,315/ac
Profit if resale lands off target
-20%
$99,969
-10%
$179,255
0%
$258,541
+10%
$337,826
+20%
$417,112
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-199399
Gravel · Off grid
634.1Jul 27, 2026$762,9001,2031,5836.8 mi
81
MS-697897
Gravel · Power at road
213.6Nov 9, 2025$644,4003,0172,5202.7 mi
74
MS-438063
Gravel · Off grid
240.9Mar 3, 2026$344,9001,4321,4378.1 mi
73
MS-988297
Paved · Off grid
285.4May 12, 2025$630,6002,2102,0392.9 mi
71
MS-278130
Dirt · Off grid
252.9Jan 3, 2024$484,1001,9142,4683.3 mi
68
MS-687914
Landlocked · Full utilities
216.2May 2, 2025$282,7001,3081,3498.4 mi
68
MS-388148
Landlocked · Power at road
256.2Aug 20, 2024$479,6001,8722,5424.8 mi
67
MS-137536
Gravel · Power at road
164.4Jun 3, 2024$382,4002,3251,9137.7 mi
61
MS-548163
Paved · Off grid
259.0Jan 23, 2024$475,6001,8361,7349.7 mi
60
Show adjustment detail for the top comp
  • Tract size (634.08 ac → 441.73 ac)+11.6%
  • Utilities (Off grid → Power at road)+17.6%

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.