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Smith County, MS · Sold

MS-489581

4700 County Road 64

$977,800
$1,352/ac · 723 ac
Acreage723 ac
Price per acre$1,352/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedOct 25, 2024
Coordinates31.9760, -89.4090
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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

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

View Smith market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power71 ft away

Power at or near the road.

Buildable area686.58 of 723.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$987,894
$883,238$1,092,549 · $1,366/ac on 723 ac
Asking vs estimate
-1.0%
In line with 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 $977,800
Maximum allowable offer
$564,511
$780/ac · +30.0% target margin

You need $413,289 off asking to hit this margin.

All-in cost$612,494
Net resale$908,862
Projected profit$296,368
ROI+48.4%
Annualized+69.2%
Break-even resale$920/ac
Profit if resale lands off target
-20%
$114,595
-10%
$205,482
0%
$296,368
+10%
$387,254
+20%
$478,140
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-509882
Dirt · Off grid
899.7May 21, 2026$1,261,1001,4021,4085.9 mi
79
MS-599540
Dirt · Off grid
702.3Feb 3, 2025$995,9001,4181,3915.2 mi
75
MS-538113
Paved · Power at road
249.8Aug 2, 2025$864,0003,4591,5157.2 mi
64
MS-588438
Gravel · Full utilities
316.1Jul 22, 2024$718,7002,2741,0744.9 mi
61
MS-857732
Gravel · Power at road
189.5Jan 21, 2024$530,0002,7961,42010.6 mi
53
Show adjustment detail for the top comp
  • Tract size (899.71 ac → 723.44 ac)+7.0%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.0%

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.