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Rankin County, MS · Sold

MS-898393

7957 County Road 298

$467,800
$1,529/ac · 306 ac
Acreage306 ac
Price per acre$1,529/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMar 19, 2026
Coordinates32.1813, -89.9317
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

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

View Rankin market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,062 ft of deeded road frontage.

Power6,844 ft away

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

Buildable area253.73 of 305.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$348,073
$298,303$397,843 · $1,138/ac on 306 ac
Asking vs estimate
+34.4%
Priced above the comp set

Weighted from 10 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 $467,800
Maximum allowable offer
$198,899
$650/ac · +30.0% target margin

You need $268,901 off asking to hit this margin.

All-in cost$215,805
Net resale$320,227
Projected profit$104,422
ROI+48.4%
Annualized+69.2%
Break-even resale$767/ac
Profit if resale lands off target
-20%
$40,376
-10%
$72,399
0%
$104,422
+10%
$136,445
+20%
$168,467
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-919545
Gravel · Off grid
704.8Jul 3, 2026$568,0008061,04011.8 mi
77
MS-959100
Gravel · Full utilities
510.6Sep 30, 2025$827,7001,6211,3647.0 mi
76
MS-369052
Gravel · Power at road
493.1May 21, 2026$529,9001,0741,06310.5 mi
76
MS-887839
Landlocked · Power at road
204.8Jul 27, 2026$164,20080289613.4 mi
74
MS-259950
Dirt · Off grid
945.1Jul 27, 2026$597,9006331,0378.7 mi
74
MS-648266
Dirt · Off grid
279.1Feb 2, 2025$237,7008521,0268.6 mi
74
MS-386760
Dirt · Off grid
93.7Jan 20, 2026$131,1001,3991,2097.3 mi
70
MS-157097
Dirt · Full utilities
119.7Sep 26, 2025$270,5002,2611,4664.7 mi
65
MS-919892
Dirt · Off grid
906.3Dec 21, 2024$592,6006541,1297.3 mi
60
MS-387397
Dirt · Off grid
148.7Aug 5, 2024$173,1001,1641,20012.4 mi
60
Show adjustment detail for the top comp
  • Tract size (704.82 ac → 305.94 ac)+28.5%
  • Market time (1 mo)+0.5%

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.