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Phillips County, AR · Sold

AR-735219

2541 County Road 340

$166,900
$5,856/ac · 28.50 ac
Acreage28.50 ac
Price per acre$5,856/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedNov 12, 2024
Coordinates34.4774, -90.7723
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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

Phillips County, Arkansas. Ozark hunting camps and Delta row-crop ground at some of the South's lowest entry prices.

View Phillips market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,126 ft away

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

Buildable area24.31 of 28.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$130,650
$100,731$160,568 · $4,584/ac on 28.50 ac
Asking vs estimate
+27.7%
Priced above the comp set

Weighted from 8 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 $166,900
Maximum allowable offer
$74,657
$2,620/ac · +30.0% target margin

You need $92,243 off asking to hit this margin.

All-in cost$81,003
Net resale$120,198
Projected profit$39,195
ROI+48.4%
Annualized+69.2%
Break-even resale$3,089/ac
Profit if resale lands off target
-20%
$15,155
-10%
$27,175
0%
$39,195
+10%
$51,215
+20%
$63,234
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-555623
Paved · Off grid
38.2Oct 13, 2025$201,4005,2734,8589.0 mi
78
AR-573965
Gravel · Full utilities
11.5Jul 27, 2026$50,1004,3582,7267.7 mi
73
AR-156491
Gravel · Power at road
71.6Jun 16, 2026$372,9005,2065,3179.5 mi
71
AR-925530
Dirt · Off grid
35.7Jun 1, 2025$138,9003,8904,93311.3 mi
71
AR-796193
Gravel · Off grid
57.7Apr 15, 2025$257,6004,4635,36613.0 mi
70
AR-223725
Gravel · Power at road
9.7Oct 25, 2025$43,6004,5143,5032.4 mi
68
AR-766640
Paved · Off grid
79.8Aug 6, 2025$291,9003,6593,9567.6 mi
64
AR-636886
Paved · Power at road
95.3Jun 5, 2024$591,1006,2006,2251.4 mi
59
Show adjustment detail for the top comp
  • Tract size (38.19 ac → 28.5 ac)+5.0%
  • Access (Paved → Gravel)-15.3%
  • Market time (10 mo)+3.5%

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.