Comparable sales & offer analysis
Parcel MS-343520
Smith County, MS · 8.96 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,000
Adjusted value
$28,819
Value range
$21,164–$36,474
Comp $/acre
$3,216/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -44.5% versus the adjusted value.
Offer position
Max allowable offer
$16,468
Offer $/acre
$1,838/ac
Projected profit
$8,646
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-233192 | 7.1 | Nov 2, 2025 | $19,500 | 2,754 | 1,961 | 75 |
| MS-973807 | 11.0 | Sep 1, 2024 | $74,000 | 6,701 | 3,511 | 70 |
| MS-272928 | 5.8 | Jul 30, 2024 | $33,800 | 5,781 | 2,467 | 66 |
| MS-261908 | 2.8 | Dec 19, 2024 | $19,600 | 7,018 | 3,934 | 60 |
| MS-955255 | 31.5 | Feb 5, 2024 | $166,000 | 5,268 | 4,609 | 58 |
| MS-701229 | 1.7 | Apr 26, 2024 | $8,400 | 4,941 | 3,553 | 54 |
| MS-105403 | 35.1 | Dec 19, 2023 | $113,300 | 3,230 | 2,858 | 53 |
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.