← New search
Franklin County, TN · Sold

TN-598281

5017 County Road 121

$934,600
$4,638/ac · 202 ac
Acreage202 ac
Price per acre$4,638/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMay 13, 2024
Coordinates35.1224, -86.1650
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

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

View Franklin market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,346 ft of deeded road frontage.

Power6,788 ft away

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

Buildable area180.71 of 201.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,180,623
$895,251$1,465,996 · $5,859/ac on 202 ac
Asking vs estimate
-20.8%
Priced below 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 $934,600
Maximum allowable offer
$674,642
$3,348/ac · +30.0% target margin

You need $259,958 off asking to hit this margin.

All-in cost$731,987
Net resale$1,086,174
Projected profit$354,187
ROI+48.4%
Annualized+69.2%
Break-even resale$3,949/ac
Profit if resale lands off target
-20%
$136,952
-10%
$245,570
0%
$354,187
+10%
$462,804
+20%
$571,422
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-878299
Gravel · Power at road
204.2Oct 18, 2024$1,454,8007,1266,5466.1 mi
81
TN-279466
Dirt · Full utilities
475.4May 16, 2026$2,690,8005,6605,9492.9 mi
72
TN-166867
Dirt · Off grid
72.3Feb 18, 2026$415,1005,7375,2437.3 mi
67
TN-249663
Dirt · Off grid
548.4Apr 25, 2025$1,407,0002,5664,2193.4 mi
65
TN-149547
Gravel · Power at road
504.2May 20, 2025$3,695,5007,3308,5667.8 mi
64
TN-989653
Paved · Off grid
544.4Oct 26, 2024$1,999,2003,6724,4783.2 mi
63
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (22 mo)+7.7%

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.