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Phillips County, AR · Sold

AR-508332

5312 County Road 385

$1,317,900
$4,849/ac · 272 ac
Acreage272 ac
Price per acre$4,849/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedJun 6, 2024
Coordinates34.4916, -90.7813
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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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11 ft away

Power at or near the road.

Buildable area242.21 of 271.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,134,660
$871,845$1,397,475 · $4,174/ac on 272 ac
Asking vs estimate
+16.1%
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 $1,317,900
Maximum allowable offer
$648,377
$2,385/ac · +30.0% target margin

You need $669,523 off asking to hit this margin.

All-in cost$703,489
Net resale$1,043,887
Projected profit$340,398
ROI+48.4%
Annualized+69.2%
Break-even resale$2,813/ac
Profit if resale lands off target
-20%
$131,621
-10%
$236,010
0%
$340,398
+10%
$444,787
+20%
$549,176
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-899334
Gravel · Power at road
561.7Jul 27, 2026$1,482,3002,6393,8713.2 mi
77
AR-808383
Landlocked · Off grid
282.0Jan 22, 2025$473,9001,6803,69412.5 mi
71
AR-727880
Gravel · Full utilities
195.9Apr 4, 2025$693,7003,5413,3018.3 mi
68
AR-636886
Paved · Power at road
95.3Jun 5, 2024$591,1006,2005,1121.5 mi
66
AR-849641
Gravel · Power at road
701.6Aug 14, 2024$2,440,5003,4785,9085.9 mi
65
AR-766640
Paved · Off grid
79.8Aug 6, 2025$291,9003,6593,2497.5 mi
62
Show adjustment detail for the top comp
  • Tract size (561.71 ac → 271.81 ac)+24.0%
  • Access (Gravel → Paved)+18.0%

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.