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Fayette County, TN · Sold

TN-537094

4966 County Road 98

$199,800
$2,343/ac · 85.28 ac
Acreage85.28 ac
Price per acre$2,343/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMay 12, 2024
Coordinates35.1982, -89.4536
Loading terrain…
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

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

View Fayette market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power838 ft away

Service extension needed; get a utility quote.

Buildable area76.32 of 85.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$323,006
$297,166$348,847 · $3,788/ac on 85.28 ac
Asking vs estimate
-38.1%
Priced below the comp set

Weighted from 7 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 $199,800
Maximum allowable offer
$184,575
$2,164/ac · +30.0% target margin

You need $15,225 off asking to hit this margin.

All-in cost$200,264
Net resale$297,166
Projected profit$96,902
ROI+48.4%
Annualized+69.2%
Break-even resale$2,553/ac
Profit if resale lands off target
-20%
$37,469
-10%
$67,185
0%
$96,902
+10%
$126,619
+20%
$156,335
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-706972
Gravel · Power at road
78.1Nov 3, 2025$439,9005,6354,1675.1 mi
78
TN-446567
Paved · Off grid
58.2Nov 27, 2025$293,2005,0383,4714.0 mi
76
TN-216748
Gravel · Full utilities
66.4Jul 4, 2025$406,7006,1283,6305.7 mi
73
TN-255416
Gravel · Off grid
25.3Jul 27, 2026$155,3006,1424,1844.6 mi
72
TN-675970
Landlocked · Off grid
37.8Oct 11, 2025$132,5003,5063,8744.4 mi
69
TN-288787
Landlocked · Off grid
290.7Jul 16, 2025$539,4001,8563,4045.0 mi
63
TN-228331
Gravel · Full utilities
208.9Sep 9, 2024$948,8004,5413,7142.9 mi
62
Show adjustment detail for the top comp
  • Tract size (78.06 ac → 85.28 ac)-2.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.3%

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.