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Phillips County, AR · Sold

AR-360384

8122 County Road 297

$5,500
$6,395/ac · 0.86 ac
Acreage0.86 ac
Price per acre$6,395/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedMay 3, 2025
Coordinates34.4413, -90.8618
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

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

5 items to verify before you offer.

Risk index
28
Low risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

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.

Power3,526 ft away

Service extension needed; get a utility quote.

Buildable area0.69 of 0.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,047
$3,988$6,106 · $5,869/ac on 0.86 ac
Asking vs estimate
+9.0%
Priced above the comp set

Weighted from 4 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 $5,500
Maximum allowable offer
$2,884
$3,353/ac · +30.0% target margin

You need $2,616 off asking to hit this margin.

All-in cost$3,129
Net resale$4,643
Projected profit$1,514
ROI+48.4%
Annualized+69.2%
Break-even resale$3,955/ac
Profit if resale lands off target
-20%
$585
-10%
$1,050
0%
$1,514
+10%
$1,978
+20%
$2,443
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AR-290283
Gravel · Power at road
0.8Jun 25, 2026$4,4005,4405,4842.2 mi
86
AR-842326
Paved · Off grid
3.5Jul 27, 2026$16,6004,7334,8702.9 mi
73
AR-780242
Gravel · Power at road
0.8Mar 11, 2024$5,5007,2017,9522.3 mi
72
AR-223725
Gravel · Power at road
9.7Oct 25, 2025$43,6004,5145,0723.3 mi
56
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.6%

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.