Comparable sales & offer analysis
Parcel MS-384197
Madison County, MS · 14.64 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,300
Adjusted value
$44,693
Value range
$34,763–$54,624
Comp $/acre
$3,053/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.8% versus the adjusted value.
Offer position
Max allowable offer
$25,539
Offer $/acre
$1,744/ac
Projected profit
$13,408
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MS-854241 | 15.1 | Oct 5, 2024 | $35,900 | 2,376 | 2,222 | 76 |
| MS-383130 | 6.8 | Jul 27, 2026 | $26,500 | 3,915 | 2,703 | 75 |
| MS-814901 | 24.4 | Apr 27, 2026 | $54,700 | 2,245 | 3,079 | 74 |
| MS-554847 | 23.4 | Apr 8, 2024 | $89,000 | 3,797 | 4,443 | 67 |
| MS-583063 | 6.4 | Sep 22, 2025 | $26,900 | 4,176 | 2,976 | 64 |
| MS-625243 | 31.2 | Jan 15, 2025 | $93,300 | 2,986 | 3,037 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.