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Franklin County, TN · Sold

TN-632035

2771 County Road 238

$33,400
$15,321/ac · 2.18 ac
Acreage2.18 ac
Price per acre$15,321/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedDec 27, 2024
Coordinates35.1686, -86.1479
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

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,594 ft away

Service extension needed; get a utility quote.

Buildable area1.94 of 2.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,372
$20,237$34,507 · $12,556/ac on 2.18 ac
Asking vs estimate
+22.0%
Priced above the comp set

Weighted from 9 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 $33,400
Maximum allowable offer
$15,641
$7,175/ac · +30.0% target margin

You need $17,759 off asking to hit this margin.

All-in cost$16,970
Net resale$25,182
Projected profit$8,212
ROI+48.4%
Annualized+69.3%
Break-even resale$8,462/ac
Profit if resale lands off target
-20%
$3,175
-10%
$5,694
0%
$8,212
+10%
$10,730
+20%
$13,248
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-272536
Paved · Off grid
3.1Apr 23, 2026$26,0008,2778,4651.9 mi
84
TN-663175
Landlocked · Power at road
5.0Jul 27, 2026$53,40010,70916,2606.2 mi
77
TN-413652
Dirt · Power at road
7.0Jul 27, 2026$54,5007,7329,4545.7 mi
73
TN-713563
Paved · Power at road
6.6Jul 27, 2026$94,50014,29012,6866.7 mi
71
TN-630666
Gravel · Power at road
0.8Dec 5, 2025$8,20010,08910,2708.4 mi
63
TN-460451
Gravel · Full utilities
0.7Jan 14, 2024$14,30020,72318,6052.9 mi
62
TN-443188
Dirt · Off grid
5.0Jun 21, 2024$44,4008,83413,5816.1 mi
62
TN-603608
Landlocked · Off grid
6.8Nov 1, 2024$52,0007,61814,8373.4 mi
61
TN-780750
Gravel · Full utilities
0.9Jan 15, 2024$9,50010,9959,8874.6 mi
58
Show adjustment detail for the top comp
  • Tract size (3.14 ac → 2.18 ac)+0.9%
  • Market time (4 mo)+1.3%

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.