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Tallahatchie County, MS · Sold

MS-861034

2451 County Road 40

$4,700
$3,176/ac · 1.48 ac
Acreage1.48 ac
Price per acre$3,176/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 2, 2024
Coordinates34.0306, -90.2722
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

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

View Tallahatchie market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands31.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

313 ft of deeded road frontage.

Power11,646 ft away

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

Buildable area0.96 of 1.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,065
$6,026$8,105 · $4,774/ac on 1.48 ac
Asking vs estimate
-33.5%
Priced below 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 $4,700
Maximum allowable offer
$4,037
$2,728/ac · +30.0% target margin

You need $663 off asking to hit this margin.

All-in cost$4,380
Net resale$6,500
Projected profit$2,120
ROI+48.4%
Annualized+69.3%
Break-even resale$3,217/ac
Profit if resale lands off target
-20%
$820
-10%
$1,470
0%
$2,120
+10%
$2,770
+20%
$3,420
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-250341
Gravel · Off grid
0.9May 8, 2025$3,1003,3933,55411.8 mi
73
MS-912167
Gravel · Power at road
3.4Jun 30, 2025$17,3005,1344,6568.6 mi
66
MS-280065
Paved · Power at road
0.7May 22, 2024$4,5006,1694,8248.3 mi
60
MS-413352
Dirt · Off grid
7.9Sep 27, 2024$32,9004,1405,5143.2 mi
57
MS-592718
Landlocked · Power at road
5.0Oct 10, 2024$17,8003,5594,9598.7 mi
55
MS-343125
Dirt · Power at road
6.7Jul 29, 2024$33,4004,9685,60213.4 mi
50
Show adjustment detail for the top comp
  • Tract size (0.9 ac → 1.48 ac)-0.6%
  • Market time (15 mo)+5.3%

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.