Comparable sales & offer analysis
Parcel MS-272928
Smith County, MS · 5.84 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$35,800
Adjusted value
$42,228
Value range
$30,404–$54,051
Comp $/acre
$7,231/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.2% versus the adjusted value.
Offer position
Max allowable offer
$24,130
Offer $/acre
$4,132/ac
Projected profit
$12,668
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 | 4,989 | 82 |
| MS-343520 | 9.0 | Nov 12, 2025 | $15,100 | 1,682 | 4,440 | 73 |
| MS-261908 | 2.8 | Dec 19, 2024 | $19,600 | 7,018 | 10,010 | 65 |
| MS-973807 | 11.0 | Sep 1, 2024 | $74,000 | 6,701 | 8,935 | 63 |
| MS-701229 | 1.7 | Apr 26, 2024 | $8,400 | 4,941 | 9,043 | 56 |
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.