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Smith County, MS · Sold

MS-240663

798 County Road 199

$6,100
$5,398/ac · 1.13 ac
Acreage1.13 ac
Price per acre$5,398/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 18, 2023
Coordinates32.0399, -89.4582
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

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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

109 ft of deeded road frontage.

Power9,588 ft away

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

Buildable area0.93 of 1.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,778
$3,440$6,116 · $4,229/ac on 1.13 ac
Asking vs estimate
+27.7%
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 $6,100
Maximum allowable offer
$2,730
$2,416/ac · +30.0% target margin

You need $3,370 off asking to hit this margin.

All-in cost$2,962
Net resale$4,396
Projected profit$1,434
ROI+48.4%
Annualized+69.3%
Break-even resale$2,849/ac
Profit if resale lands off target
-20%
$555
-10%
$994
0%
$1,434
+10%
$1,874
+20%
$2,313
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-281019
Landlocked · Off grid
1.5Mar 14, 2026$3,8002,5963,8995.9 mi
79
MS-701229
Landlocked · Full utilities
1.7Apr 26, 2024$8,4004,9415,5866.3 mi
65
MS-233192
Landlocked · Full utilities
7.1Nov 2, 2025$19,5002,7543,0825.4 mi
62
MS-261908
Dirt · Full utilities
2.8Dec 19, 2024$19,6007,0186,1834.9 mi
61
MS-272928
Paved · Full utilities
5.8Jul 30, 2024$33,8005,7813,8771.3 mi
60
MS-343520
Landlocked · Off grid
9.0Nov 12, 2025$15,1001,6822,7423.1 mi
60
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Market time (5 mo)+1.8%

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.