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Fayette County, TN · Sold

TN-123762

1402 County Road 198

$88,500
$11,599/ac · 7.63 ac
Acreage7.63 ac
Price per acre$11,599/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedOct 8, 2023
Coordinates35.1812, -89.3857
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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
Wetlands16.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

678 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.06 of 7.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$69,998
$56,474$83,522 · $9,174/ac on 7.63 ac
Asking vs estimate
+26.4%
Priced above 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 $88,500
Maximum allowable offer
$39,999
$5,242/ac · +30.0% target margin

You need $48,501 off asking to hit this margin.

All-in cost$43,399
Net resale$64,398
Projected profit$20,999
ROI+48.4%
Annualized+69.2%
Break-even resale$6,183/ac
Profit if resale lands off target
-20%
$8,119
-10%
$14,559
0%
$20,999
+10%
$27,439
+20%
$33,879
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-133239
Dirt · Off grid
5.2Jul 27, 2026$28,3005,42210,4784.5 mi
79
TN-234105
Gravel · Power at road
9.8Apr 18, 2026$45,9004,6956,9747.4 mi
78
TN-122987
Gravel · Power at road
4.3Mar 26, 2026$36,9008,48012,0513.9 mi
74
TN-382223
Dirt · Power at road
2.5Jul 16, 2026$12,2004,8957,8461.0 mi
73
TN-434716
Gravel · Off grid
15.2Mar 19, 2026$59,5003,9087,1412.7 mi
73
TN-255416
Gravel · Off grid
25.3Jul 27, 2026$155,3006,14211,7917.4 mi
72
TN-505341
Gravel · Off grid
23.9Jul 27, 2026$126,3005,27310,0446.4 mi
69
TN-653199
Gravel · Power at road
5.1Sep 11, 2024$29,2005,7688,7765.2 mi
67
TN-915307
Dirt · Power at road
23.4Nov 27, 2025$99,8004,2728,2386.5 mi
63
TN-484772
Gravel · Full utilities
15.9Mar 19, 2024$93,3005,8848,1456.8 mi
62
Show adjustment detail for the top comp
  • Tract size (5.22 ac → 7.63 ac)-2.1%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.