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Panola County, MS · Sold

MS-883461

1839 County Road 40

$28,900
$3,364/ac · 8.59 ac
Acreage8.59 ac
Price per acre$3,364/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedFeb 16, 2024
Coordinates34.4220, -89.8572
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

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

1 item to verify before you offer.

Risk index
32
Moderate risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power97 ft away

Power at or near the road.

Buildable area7.90 of 8.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,103
$20,877$33,328 · $3,155/ac on 8.59 ac
Asking vs estimate
+6.6%
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 $28,900
Maximum allowable offer
$15,487
$1,803/ac · +30.0% target margin

You need $13,413 off asking to hit this margin.

All-in cost$16,803
Net resale$24,934
Projected profit$8,131
ROI+48.4%
Annualized+69.3%
Break-even resale$2,126/ac
Profit if resale lands off target
-20%
$3,144
-10%
$5,637
0%
$8,131
+10%
$10,624
+20%
$13,118
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-654080
Dirt · Power at road
13.4Jul 27, 2026$34,4002,5552,10312.6 mi
80
MS-192293
Gravel · Off grid
3.7Jul 16, 2026$15,1004,0833,1398.8 mi
70
MS-802567
Gravel · Power at road
4.5Oct 23, 2025$29,4006,5404,4377.5 mi
70
MS-112560
Gravel · Power at road
4.5Jan 10, 2026$18,9004,2322,84510.0 mi
69
MS-601772
Dirt · Power at road
2.5Jul 27, 2026$10,2004,0123,0109.1 mi
68
MS-235113
Landlocked · Full utilities
28.4May 27, 2026$107,4003,7763,56711.3 mi
66
Show adjustment detail for the top comp
  • Tract size (13.45 ac → 8.59 ac)+3.9%
  • Access (Dirt → Landlocked)-20.9%

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.