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Wayne County, MS · Sold

MS-792854

1193 County Road 320

$24,100
$4,358/ac · 5.53 ac
Acreage5.53 ac
Price per acre$4,358/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedOct 13, 2024
Coordinates31.6406, -88.5757
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

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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

333 ft of deeded road frontage.

Power111 ft away

Power at or near the road.

Buildable area5.14 of 5.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,508
$18,486$24,531 · $3,889/ac on 5.53 ac
Asking vs estimate
+12.0%
Priced above 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 $24,100
Maximum allowable offer
$12,290
$2,223/ac · +30.0% target margin

You need $11,810 off asking to hit this margin.

All-in cost$13,335
Net resale$19,788
Projected profit$6,453
ROI+48.4%
Annualized+69.3%
Break-even resale$2,621/ac
Profit if resale lands off target
-20%
$2,495
-10%
$4,474
0%
$6,453
+10%
$8,432
+20%
$10,411
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-772623
Landlocked · Power at road
4.7Jul 27, 2026$10,2002,1713,74710.7 mi
81
MS-752507
Landlocked · Off grid
4.3Jul 27, 2026$8,4001,9523,9505.1 mi
81
MS-713880
Landlocked · Power at road
11.6Jun 8, 2026$19,9001,7113,1488.4 mi
78
MS-133750
Paved · Full utilities
10.6Jul 27, 2026$52,5004,9604,25211.7 mi
74
MS-852346
Dirt · Full utilities
3.8Aug 29, 2025$11,3002,9583,4086.5 mi
72
MS-401663
Gravel · Power at road
2.3Jun 7, 2025$8,8003,7734,5370.9 mi
69
MS-901139
Dirt · Off grid
1.6Jan 10, 2026$4,2002,6134,1645.2 mi
68
MS-684283
Gravel · Power at road
15.6Jul 11, 2025$35,9002,3043,08010.2 mi
66
MS-903323
Gravel · Off grid
7.8Apr 25, 2024$24,5003,1594,90512.0 mi
63
MS-501191
Gravel · Power at road
1.7Aug 20, 2025$5,4003,2603,86110.1 mi
61
Show adjustment detail for the top comp
  • Tract size (4.68 ac → 5.53 ac)-0.8%
  • Access (Landlocked → Paved)+73.5%

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.