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Cumberland County, TN · Sold

TN-473922

9018 County Road 240

$48,900
$5,706/ac · 8.57 ac
Acreage8.57 ac
Price per acre$5,706/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 3, 2024
Coordinates35.9641, -84.9855
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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

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

View Cumberland market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

363 ft of deeded road frontage.

Power13,396 ft away

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

Buildable area7.93 of 8.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$53,416
$40,862$65,970 · $6,233/ac on 8.57 ac
Asking vs estimate
-8.5%
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 $48,900
Maximum allowable offer
$30,524
$3,562/ac · +30.0% target margin

You need $18,376 off asking to hit this margin.

All-in cost$33,119
Net resale$49,143
Projected profit$16,024
ROI+48.4%
Annualized+69.2%
Break-even resale$4,201/ac
Profit if resale lands off target
-20%
$6,196
-10%
$11,110
0%
$16,024
+10%
$20,939
+20%
$25,853
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-584100
Gravel · Power at road
9.8Jul 27, 2026$51,1005,2444,5116.9 mi
85
TN-853539
Gravel · Off grid
6.5Jun 14, 2026$38,9005,9875,9246.6 mi
83
TN-623445
Gravel · Off grid
6.1May 15, 2025$42,0006,9347,1434.3 mi
76
TN-345448
Gravel · Off grid
25.9Jul 27, 2026$146,4005,6586,3856.3 mi
74
TN-573245
Gravel · Power at road
5.3Oct 20, 2024$23,3004,4443,9513.9 mi
69
TN-953199
Paved · Off grid
5.1Jun 26, 2024$41,7008,2267,3706.2 mi
66
TN-304937
Gravel · Off grid
17.9Mar 19, 2024$109,7006,1417,2467.3 mi
65
TN-715162
Paved · Power at road
21.0Oct 23, 2024$229,20010,8929,2350.8 mi
64
TN-895244
Paved · Power at road
22.3Sep 4, 2025$166,3007,4486,1506.0 mi
64
TN-312418
Gravel · Full utilities
2.9Mar 23, 2024$19,5006,7834,9436.2 mi
59
Show adjustment detail for the top comp
  • Tract size (9.75 ac → 8.57 ac)+1.0%
  • 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.