← New search
Franklin County, TN · Sold

TN-126098

8432 County Road 237

$342,600
$8,265/ac · 41.45 ac
Acreage41.45 ac
Price per acre$8,265/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedAug 21, 2024
Coordinates35.0955, -86.1668
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
43
Moderate risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area33.00 of 41.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$315,776
$270,466$361,086 · $7,618/ac on 41.45 ac
Asking vs estimate
+8.5%
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 $342,600
Maximum allowable offer
$180,443
$4,353/ac · +30.0% target margin

You need $162,157 off asking to hit this margin.

All-in cost$195,781
Net resale$290,514
Projected profit$94,733
ROI+48.4%
Annualized+69.3%
Break-even resale$5,134/ac
Profit if resale lands off target
-20%
$36,630
-10%
$65,682
0%
$94,733
+10%
$123,784
+20%
$152,836
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-685431
Dirt · Off grid
25.6Jul 27, 2026$203,5007,9618,3551.2 mi
80
TN-495669
Paved · Power at road
30.4Jun 6, 2025$256,4008,4435,9064.9 mi
77
TN-166867
Dirt · Off grid
72.3Feb 18, 2026$415,1005,7377,4549.2 mi
74
TN-775659
Gravel · Off grid
30.2Nov 19, 2024$277,5009,2019,1204.7 mi
74
TN-705454
Gravel · Off grid
26.0Jun 1, 2024$215,3008,2838,1713.2 mi
66
TN-495335
Gravel · Off grid
23.9Jan 6, 2024$159,7006,6976,6254.5 mi
63
Show adjustment detail for the top comp
  • Tract size (25.56 ac → 41.45 ac)-7.7%
  • Access (Dirt → Landlocked)-20.9%
  • 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.