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Fayette County, TN · Sold

TN-288787

8724 County Road 248

$541,600
$1,863/ac · 291 ac
Acreage291 ac
Price per acre$1,863/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedApr 30, 2025
Coordinates35.1431, -89.3957
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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

2 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,156 ft away

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

Buildable area249.12 of 290.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$600,215
$451,497$748,933 · $2,065/ac on 291 ac
Asking vs estimate
-9.8%
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 $541,600
Maximum allowable offer
$342,980
$1,180/ac · +30.0% target margin

You need $198,620 off asking to hit this margin.

All-in cost$372,133
Net resale$552,198
Projected profit$180,065
ROI+48.4%
Annualized+69.2%
Break-even resale$1,391/ac
Profit if resale lands off target
-20%
$69,625
-10%
$124,845
0%
$180,065
+10%
$235,284
+20%
$290,504
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-779146
Paved · Power at road
377.1Jul 27, 2026$874,6002,3191,2291.4 mi
84
TN-759135
Landlocked · Power at road
374.1Mar 24, 2024$906,4002,4232,4414.8 mi
71
TN-859327
Paved · Power at road
429.9Jan 23, 2025$2,075,6004,8282,8288.0 mi
71
TN-879252
Gravel · Full utilities
407.2Nov 7, 2025$1,587,5003,8992,1069.5 mi
71
TN-739713
Dirt · Full utilities
568.6Jul 15, 2025$1,817,9003,1972,2494.1 mi
67
TN-228331
Gravel · Full utilities
208.9Sep 9, 2024$948,8004,5412,1177.8 mi
66
TN-537094
Dirt · Off grid
85.3Jul 24, 2024$213,4002,5021,5505.0 mi
59
Show adjustment detail for the top comp
  • Tract size (377.07 ac → 290.72 ac)+7.9%
  • Access (Paved → Landlocked)-42.4%
  • 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.