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Smith County, MS · Sold

MS-599540

2621 County Road 53

$993,900
$1,415/ac · 702 ac
Acreage702 ac
Price per acre$1,415/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedDec 7, 2024
Coordinates32.0509, -89.4095
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,272 ft away

Service extension needed; get a utility quote.

Buildable area603.78 of 702.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,007,696
$887,653$1,127,740 · $1,435/ac on 702 ac
Asking vs estimate
-1.4%
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 $993,900
Maximum allowable offer
$575,827
$820/ac · +30.0% target margin

You need $418,073 off asking to hit this margin.

All-in cost$624,772
Net resale$927,081
Projected profit$302,308
ROI+48.4%
Annualized+69.2%
Break-even resale$967/ac
Profit if resale lands off target
-20%
$116,892
-10%
$209,600
0%
$302,308
+10%
$395,016
+20%
$487,725
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-509882
Dirt · Off grid
899.7May 21, 2026$1,261,1001,4021,5282.2 mi
86
MS-489581
Landlocked · Power at road
723.4Mar 31, 2025$821,4001,1351,3035.2 mi
76
MS-538113
Paved · Power at road
249.8Aug 2, 2025$864,0003,4591,6444.4 mi
63
MS-588438
Gravel · Full utilities
316.1Jul 22, 2024$718,7002,2741,1655.0 mi
62
MS-857732
Gravel · Power at road
189.5Jan 21, 2024$530,0002,7961,54010.9 mi
52
Show adjustment detail for the top comp
  • Tract size (899.71 ac → 702.27 ac)+7.9%
  • 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.