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Wayne County, MS · Sold

MS-958264

4361 County Road 204

$265,200
$952/ac · 279 ac
Acreage279 ac
Price per acre$952/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMay 5, 2026
Coordinates31.6590, -88.5818
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

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope15.4%

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.

Power64 ft away

Power at or near the road.

Buildable area214.67 of 278.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$302,104
$230,738$373,471 · $1,084/ac on 279 ac
Asking vs estimate
-12.2%
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 $265,200
Maximum allowable offer
$172,631
$620/ac · +30.0% target margin

You need $92,569 off asking to hit this margin.

All-in cost$187,305
Net resale$277,936
Projected profit$90,631
ROI+48.4%
Annualized+69.2%
Break-even resale$731/ac
Profit if resale lands off target
-20%
$35,044
-10%
$62,838
0%
$90,631
+10%
$118,425
+20%
$146,219
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MS-758092
Gravel · Power at road
246.0Jun 28, 2026$535,1002,1751,4354.3 mi
86
MS-478533
Landlocked · Off grid
338.6Aug 19, 2024$196,2005797826.0 mi
72
MS-399244
Landlocked · Power at road
566.7Oct 2, 2024$548,6009681,28910.5 mi
69
MS-857231
Gravel · Power at road
131.8Feb 2, 2026$246,1001,8671,05610.3 mi
68
MS-817662
Gravel · Off grid
180.2Jun 1, 2025$289,2001,6051,1939.3 mi
67
MS-247371
Paved · Off grid
145.9Sep 29, 2024$178,0001,2207457.0 mi
67
MS-688848
Gravel · Full utilities
425.4Dec 18, 2024$606,7001,4269636.7 mi
67
MS-478978
Landlocked · Off grid
467.4Nov 19, 2024$272,50058385812.5 mi
65
MS-507556
Dirt · Full utilities
166.8Mar 6, 2025$270,7001,62396611.9 mi
63
MS-519805
Dirt · Power at road
850.9Oct 31, 2024$1,086,1001,2761,5189.0 mi
58
Show adjustment detail for the top comp
  • Tract size (246.01 ac → 278.65 ac)-3.5%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (2 mo)+0.6%

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.