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Smith County, MS · Sold

MS-509882

2199 County Road 302

$1,227,900
$1,365/ac · 900 ac
Acreage900 ac
Price per acre$1,365/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 24, 2026
Coordinates32.0552, -89.4461
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
13
Low risk
Wetlands12.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

7,138 ft of deeded road frontage.

Power1,006 ft away

Service extension needed; get a utility quote.

Buildable area751.30 of 899.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,193,130
$1,050,188$1,336,072 · $1,326/ac on 900 ac
Asking vs estimate
+2.9%
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 $1,227,900
Maximum allowable offer
$681,788
$758/ac · +30.0% target margin

You need $546,112 off asking to hit this margin.

All-in cost$739,740
Net resale$1,097,679
Projected profit$357,939
ROI+48.4%
Annualized+69.2%
Break-even resale$894/ac
Profit if resale lands off target
-20%
$138,404
-10%
$248,171
0%
$357,939
+10%
$467,707
+20%
$577,475
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-599540
Dirt · Off grid
702.3Feb 3, 2025$995,9001,4181,3982.2 mi
78
MS-489581
Landlocked · Power at road
723.4Mar 31, 2025$821,4001,1351,2075.9 mi
72
MS-538113
Paved · Power at road
249.8Aug 2, 2025$864,0003,4591,5232.2 mi
67
MS-588438
Gravel · Full utilities
316.1Jul 22, 2024$718,7002,2741,0793.6 mi
64
MS-857732
Gravel · Power at road
189.5Jan 21, 2024$530,0002,7961,4279.0 mi
55
Show adjustment detail for the top comp
  • Tract size (702.27 ac → 899.71 ac)-7.4%
  • Market time (18 mo)+6.4%

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.