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Walton County, FL · Sold

FL-258984

5245 County Road 398

$1,276,100
$4,229/ac · 302 ac
Acreage302 ac
Price per acre$4,229/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedDec 29, 2025
Coordinates30.6258, -86.1848
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

Walton County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Walton market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,997 ft of deeded road frontage.

Power75 ft away

Power at or near the road.

Buildable area266.05 of 301.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,431,697
$1,099,359$1,764,034 · $4,744/ac on 302 ac
Asking vs estimate
-10.9%
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 $1,276,100
Maximum allowable offer
$818,112
$2,711/ac · +30.0% target margin

You need $457,988 off asking to hit this margin.

All-in cost$887,652
Net resale$1,317,161
Projected profit$429,509
ROI+48.4%
Annualized+69.2%
Break-even resale$3,197/ac
Profit if resale lands off target
-20%
$166,077
-10%
$297,793
0%
$429,509
+10%
$561,226
+20%
$692,942
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-629694
Dirt · Off grid
504.7Jun 3, 2026$1,714,1003,3965,4582.2 mi
82
FL-859072
Gravel · Power at road
321.6Oct 5, 2024$1,856,9005,7736,34110.7 mi
79
FL-739052
Gravel · Full utilities
317.0Jul 7, 2024$1,191,0003,7573,4002.6 mi
77
FL-149114
Gravel · Power at road
331.6Feb 2, 2025$1,019,5003,0753,3649.7 mi
76
FL-579902
Gravel · Power at road
586.8Feb 1, 2025$2,082,5003,5494,6074.2 mi
70
FL-427845
Landlocked · Power at road
132.2Nov 13, 2024$553,1004,1835,2533.1 mi
65
Show adjustment detail for the top comp
  • Tract size (504.74 ac → 301.78 ac)+16.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.8%

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.