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Fayette County, TN · Sold

TN-879252

1419 County Road 162

$1,910,300
$4,692/ac · 407 ac
Acreage407 ac
Price per acre$4,692/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedOct 13, 2024
Coordinates35.2769, -89.4316
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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

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

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,669 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area324.14 of 407.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,647,351
$1,248,969$2,045,734 · $4,046/ac on 407 ac
Asking vs estimate
+16.0%
Priced above the comp set

Weighted from 6 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 $1,910,300
Maximum allowable offer
$941,344
$2,312/ac · +30.0% target margin

You need $968,956 off asking to hit this margin.

All-in cost$1,021,358
Net resale$1,515,563
Projected profit$494,205
ROI+48.4%
Annualized+69.2%
Break-even resale$2,727/ac
Profit if resale lands off target
-20%
$191,092
-10%
$342,649
0%
$494,205
+10%
$645,761
+20%
$797,318
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-779146
Paved · Power at road
377.1Jul 27, 2026$874,6002,3192,3499.5 mi
82
TN-859327
Paved · Power at road
429.9Jan 23, 2025$2,075,6004,8285,4064.9 mi
75
TN-739713
Dirt · Full utilities
568.6Jul 15, 2025$1,817,9003,1974,29910.3 mi
71
TN-288787
Landlocked · Off grid
290.7Jul 16, 2025$539,4001,8563,7089.5 mi
69
TN-759135
Landlocked · Power at road
374.1Mar 24, 2024$906,4002,4234,66611.2 mi
68
TN-228331
Gravel · Full utilities
208.9Sep 9, 2024$948,8004,5414,0475.9 mi
67
Show adjustment detail for the top comp
  • Tract size (377.07 ac → 407.16 ac)-2.3%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Full utilities)+22.0%

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.