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Carroll County, TN · Sold

TN-188108

2366 County Road 287

$838,800
$4,718/ac · 178 ac
Acreage178 ac
Price per acre$4,718/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 9, 2023
Coordinates35.9795, -88.4018
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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

Carroll County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Carroll market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands45.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,008 ft of deeded road frontage.

Power10,330 ft away

A long utility run — price in solar/off-grid instead.

Buildable area92.55 of 177.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$560,238
$459,902$660,573 · $3,151/ac on 178 ac
Asking vs estimate
+49.7%
Priced above 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 $838,800
Maximum allowable offer
$320,136
$1,801/ac · +30.0% target margin

You need $518,664 off asking to hit this margin.

All-in cost$347,348
Net resale$515,419
Projected profit$168,071
ROI+48.4%
Annualized+69.2%
Break-even resale$2,124/ac
Profit if resale lands off target
-20%
$64,987
-10%
$116,529
0%
$168,071
+10%
$219,613
+20%
$271,155
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-388215
Gravel · Power at road
192.1Jul 27, 2026$626,4003,2612,4412.3 mi
87
TN-328131
Dirt · Power at road
180.8May 6, 2026$682,4003,7753,2615.3 mi
87
TN-138205
Dirt · Off grid
190.7Jan 3, 2026$528,8002,7732,9002.2 mi
86
TN-577867
Dirt · Power at road
149.3Jul 17, 2025$599,2004,0143,4022.8 mi
83
TN-727237
Paved · Off grid
94.6Jul 27, 2026$538,3005,6913,5294.5 mi
82
TN-739216
Dirt · Power at road
396.7Jul 27, 2026$1,657,5004,1794,4811.9 mi
79
TN-718175
Gravel · Power at road
186.6Apr 1, 2025$674,7003,6152,8332.0 mi
78
TN-858174
Gravel · Off grid
186.5May 28, 2024$652,5003,4993,3339.0 mi
76
TN-628697
Landlocked · Off grid
272.4Dec 20, 2025$471,6001,7312,5379.7 mi
72
TN-616611
Dirt · Power at road
60.1Jul 27, 2026$254,4004,2342,7609.9 mi
70
Show adjustment detail for the top comp
  • Tract size (192.09 ac → 177.77 ac)+2.2%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.