← New search
Tallahatchie County, MS · Sold

MS-283644

8973 County Road 240

$40,000
$4,077/ac · 9.81 ac
Acreage9.81 ac
Price per acre$4,077/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedNov 1, 2023
Coordinates34.0130, -90.1056
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

454 ft of deeded road frontage.

Power12,458 ft away

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

Buildable area8.80 of 9.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$46,077
$40,468$51,685 · $4,697/ac on 9.81 ac
Asking vs estimate
-13.2%
Priced below the comp set

Weighted from 10 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 $40,000
Maximum allowable offer
$26,329
$2,684/ac · +30.0% target margin

You need $13,671 off asking to hit this margin.

All-in cost$28,567
Net resale$42,390
Projected profit$13,823
ROI+48.4%
Annualized+69.3%
Break-even resale$3,165/ac
Profit if resale lands off target
-20%
$5,345
-10%
$9,584
0%
$13,823
+10%
$18,062
+20%
$22,302
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-684657
Gravel · Off grid
20.4Jul 27, 2026$64,5003,1593,4151.0 mi
82
MS-644564
Dirt · Off grid
19.1Jul 27, 2026$65,7003,4424,2906.8 mi
76
MS-592718
Landlocked · Power at road
5.0Oct 10, 2024$17,8003,5594,6003.1 mi
70
MS-165137
Landlocked · Full utilities
28.9Jul 6, 2026$125,5004,3415,0654.9 mi
70
MS-413352
Dirt · Off grid
7.9Sep 27, 2024$32,9004,1405,1159.6 mi
70
MS-654316
Gravel · Full utilities
16.0Nov 25, 2024$105,0006,5795,1474.7 mi
69
MS-375370
Gravel · Off grid
34.2Apr 20, 2026$151,0004,4095,2087.6 mi
69
MS-365055
Paved · Off grid
27.3Jan 26, 2026$136,9005,0234,8936.2 mi
67
MS-343125
Dirt · Power at road
6.7Jul 29, 2024$33,4004,9685,1976.0 mi
66
MS-912167
Gravel · Power at road
3.4Jun 30, 2025$17,3005,1344,3193.6 mi
66
Show adjustment detail for the top comp
  • Tract size (20.43 ac → 9.81 ac)+7.9%

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.