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Wayne County, MS · Sold

MS-469843

8644 County Road 290

$572,100
$654/ac · 875 ac
Acreage875 ac
Price per acre$654/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedNov 23, 2023
Coordinates31.6797, -88.7319
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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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power216 ft away

Power at or near the road.

Buildable area748.66 of 874.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$828,657
$601,624$1,055,690 · $947/ac on 875 ac
Asking vs estimate
-31.0%
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 $572,100
Maximum allowable offer
$473,518
$541/ac · +30.0% target margin

You need $98,582 off asking to hit this margin.

All-in cost$513,767
Net resale$762,364
Projected profit$248,597
ROI+48.4%
Annualized+69.2%
Break-even resale$638/ac
Profit if resale lands off target
-20%
$96,124
-10%
$172,361
0%
$248,597
+10%
$324,834
+20%
$401,070
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-519805
Dirt · Power at road
850.9Oct 31, 2024$1,086,1001,2761,3610.0 mi
82
MS-399244
Landlocked · Power at road
566.7Oct 2, 2024$548,6009681,1561.7 mi
71
MS-958264
Landlocked · Power at road
278.6Jul 27, 2026$217,7007817028.9 mi
69
MS-478978
Landlocked · Off grid
467.4Nov 19, 2024$272,5005837698.2 mi
67
MS-478533
Landlocked · Off grid
338.6Aug 19, 2024$196,2005797013.1 mi
61
MS-688848
Gravel · Full utilities
425.4Dec 18, 2024$606,7001,42686312.3 mi
59
Show adjustment detail for the top comp
  • Tract size (850.9 ac → 874.65 ac)-0.8%
  • Market time (21 mo)+7.5%

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.