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Perry County, MS · Sold

MS-298940

762 County Road 315

$1,108,900
$2,439/ac · 455 ac
Acreage455 ac
Price per acre$2,439/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJan 10, 2024
Coordinates31.1685, -88.9493
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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

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

View Perry market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,367 ft of deeded road frontage.

Power10,778 ft away

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

Buildable area421.18 of 454.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$948,649
$757,147$1,140,151 · $2,086/ac on 455 ac
Asking vs estimate
+16.9%
Priced above the comp set

Weighted from 5 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 $1,108,900
Maximum allowable offer
$542,085
$1,192/ac · +30.0% target margin

You need $566,815 off asking to hit this margin.

All-in cost$588,162
Net resale$872,757
Projected profit$284,595
ROI+48.4%
Annualized+69.2%
Break-even resale$1,406/ac
Profit if resale lands off target
-20%
$110,043
-10%
$197,319
0%
$284,595
+10%
$371,870
+20%
$459,146
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-328622
Paved · Off grid
361.1Dec 7, 2024$1,011,1002,8002,8001.8 mi
78
MS-707440
Gravel · Off grid
153.4Jul 27, 2026$280,9001,8311,5875.7 mi
72
MS-629946
Gravel · Power at road
942.4Jan 6, 2025$1,397,8001,4831,9843.2 mi
69
MS-156866
Dirt · Power at road
101.2Mar 14, 2026$273,6002,7032,1124.0 mi
64
MS-748148
Landlocked · Power at road
256.2Aug 13, 2024$353,0001,3781,8626.2 mi
63
Show adjustment detail for the top comp
  • Tract size (361.15 ac → 454.71 ac)-6.6%
  • Market time (20 mo)+7.1%

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.