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Franklin County, TN · Sold

TN-495335

3969 County Road 206

$156,900
$6,579/ac · 23.85 ac
Acreage23.85 ac
Price per acre$6,579/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 4, 2023
Coordinates35.1600, -86.1743
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

4 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands23.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.4%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

826 ft of deeded road frontage.

Power13,914 ft away

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

Buildable area17.31 of 23.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$204,889
$175,199$234,578 · $8,591/ac on 23.85 ac
Asking vs estimate
-23.4%
Priced below 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 $156,900
Maximum allowable offer
$117,079
$4,909/ac · +30.0% target margin

You need $39,821 off asking to hit this margin.

All-in cost$127,031
Net resale$188,497
Projected profit$61,467
ROI+48.4%
Annualized+69.3%
Break-even resale$5,789/ac
Profit if resale lands off target
-20%
$23,767
-10%
$42,617
0%
$61,467
+10%
$80,317
+20%
$99,166
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-685431
Dirt · Off grid
25.6Jul 27, 2026$203,5007,9619,3713.3 mi
93
TN-705454
Gravel · Off grid
26.0Jun 1, 2024$215,3008,2839,1641.9 mi
83
TN-775659
Gravel · Off grid
30.2Nov 19, 2024$277,5009,20110,2290.3 mi
79
TN-495669
Paved · Power at road
30.4Jun 6, 2025$256,4008,4436,6241.0 mi
76
TN-474347
Gravel · Power at road
11.7May 21, 2026$113,6009,7477,7074.3 mi
76
TN-524258
Paved · Off grid
10.9May 10, 2025$107,9009,8678,0671.0 mi
70
TN-126098
Landlocked · Full utilities
41.5Aug 24, 2025$313,5007,5638,8314.5 mi
69
TN-166867
Dirt · Off grid
72.3Feb 18, 2026$415,1005,7378,3614.8 mi
68
TN-413652
Dirt · Power at road
7.0Jul 27, 2026$54,5007,7326,7957.0 mi
68
TN-603608
Landlocked · Off grid
6.8Nov 1, 2024$52,0007,61810,6645.0 mi
59
Show adjustment detail for the top comp
  • Tract size (25.56 ac → 23.85 ac)+1.0%
  • Access (Dirt → Gravel)+16.3%

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.