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Wayne County, MS · Sold

MS-478978

5421 County Road 323

$269,300
$576/ac · 467 ac
Acreage467 ac
Price per acre$576/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedDec 10, 2023
Coordinates31.5636, -88.7618
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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

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

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope13.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,572 ft away

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

Buildable area351.48 of 467.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$358,319
$265,532$451,106 · $767/ac on 467 ac
Asking vs estimate
-24.8%
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 $269,300
Maximum allowable offer
$204,754
$438/ac · +30.0% target margin

You need $64,546 off asking to hit this margin.

All-in cost$222,158
Net resale$329,653
Projected profit$107,495
ROI+48.4%
Annualized+69.2%
Break-even resale$517/ac
Profit if resale lands off target
-20%
$41,565
-10%
$74,530
0%
$107,495
+10%
$140,461
+20%
$173,426
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-958264
Landlocked · Power at road
278.6Jul 27, 2026$217,70078157112.5 mi
76
MS-758092
Gravel · Power at road
246.0Jun 28, 2026$535,1002,1751,0478.2 mi
73
MS-399244
Landlocked · Power at road
566.7Oct 2, 2024$548,6009689417.5 mi
72
MS-478533
Landlocked · Off grid
338.6Aug 19, 2024$196,2005795708.3 mi
71
MS-688848
Gravel · Full utilities
425.4Dec 18, 2024$606,7001,42670311.0 mi
70
MS-469843
Dirt · Power at road
874.6Aug 19, 2024$599,0006856048.2 mi
66
MS-817662
Gravel · Off grid
180.2Jun 1, 2025$289,2001,6058704.5 mi
65
MS-507556
Dirt · Full utilities
166.8Mar 6, 2025$270,7001,6237050.6 mi
64
MS-519805
Dirt · Power at road
850.9Oct 31, 2024$1,086,1001,2761,1088.2 mi
63
MS-247371
Paved · Off grid
145.9Sep 29, 2024$178,0001,2205445.6 mi
59
Show adjustment detail for the top comp
  • Tract size (278.65 ac → 467.4 ac)-14.2%
  • Utilities (Power at road → Off grid)-15.0%

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.