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Fayette County, TN · Sold

TN-484772

377 County Road 237

$96,200
$6,066/ac · 15.86 ac
Acreage15.86 ac
Price per acre$6,066/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedFeb 29, 2024
Coordinates35.1174, -89.4772
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area14.71 of 15.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$121,591
$95,965$147,217 · $7,667/ac on 15.86 ac
Asking vs estimate
-20.9%
Priced below the comp set

Weighted from 9 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 $96,200
Maximum allowable offer
$69,481
$4,381/ac · +30.0% target margin

You need $26,719 off asking to hit this margin.

All-in cost$75,387
Net resale$111,864
Projected profit$36,477
ROI+48.4%
Annualized+69.2%
Break-even resale$5,167/ac
Profit if resale lands off target
-20%
$14,104
-10%
$25,291
0%
$36,477
+10%
$47,663
+20%
$58,850
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-434716
Gravel · Off grid
15.2Mar 19, 2026$59,5003,9085,6808.4 mi
88
TN-505341
Gravel · Off grid
23.9Jul 27, 2026$126,3005,2737,9902.4 mi
83
TN-255416
Gravel · Off grid
25.3Jul 27, 2026$155,3006,1429,3793.0 mi
82
TN-234105
Gravel · Power at road
9.8Apr 18, 2026$45,9004,6955,5481.9 mi
80
TN-915307
Dirt · Power at road
23.4Nov 27, 2025$99,8004,2726,55313.3 mi
69
TN-133239
Dirt · Off grid
5.2Jul 27, 2026$28,3005,4228,3357.2 mi
68
TN-675970
Landlocked · Off grid
37.8Oct 11, 2025$132,5003,5068,6839.9 mi
63
TN-123762
Paved · Full utilities
7.6Feb 11, 2024$92,20012,08610,6286.8 mi
61
TN-653199
Gravel · Power at road
5.1Sep 11, 2024$29,2005,7686,98111.6 mi
57
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (5 mo)+1.7%

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.