← New search
Smith County, MS · Sold

MS-588438

3874 County Road 369

$723,000
$2,287/ac · 316 ac
Acreage316 ac
Price per acre$2,287/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedNov 11, 2023
Coordinates32.0119, -89.4806
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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands19.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,322 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area240.82 of 316.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,014,163
$933,030$1,095,296 · $3,209/ac on 316 ac
Asking vs estimate
-28.7%
Priced below 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 $723,000
Maximum allowable offer
$579,521
$1,833/ac · +30.0% target margin

You need $143,479 off asking to hit this margin.

All-in cost$628,780
Net resale$933,030
Projected profit$304,249
ROI+48.4%
Annualized+69.2%
Break-even resale$2,162/ac
Profit if resale lands off target
-20%
$117,643
-10%
$210,946
0%
$304,249
+10%
$397,552
+20%
$490,855
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-538113
Paved · Power at road
249.8Aug 2, 2025$864,0003,4593,4873.2 mi
79
MS-509882
Dirt · Off grid
899.7May 21, 2026$1,261,1001,4023,2413.6 mi
74
MS-857732
Gravel · Power at road
189.5Jan 21, 2024$530,0002,7963,2676.3 mi
70
MS-599540
Dirt · Off grid
702.3Feb 3, 2025$995,9001,4183,2025.0 mi
64
MS-489581
Landlocked · Power at road
723.4Mar 31, 2025$821,4001,1352,7644.9 mi
63
Show adjustment detail for the top comp
  • Tract size (249.78 ac → 316.08 ac)-6.6%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (12 mo)+4.4%

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.