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Gibson County, TN · Sold

TN-548554

1969 County Road 341

$977,200
$3,979/ac · 246 ac
Acreage246 ac
Price per acre$3,979/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 17, 2024
Coordinates35.9361, -88.9581
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

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

View Gibson market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,730 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area211.13 of 245.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,271,091
$1,026,968$1,515,214 · $5,176/ac on 246 ac
Asking vs estimate
-23.1%
Priced below the comp set

Weighted from 7 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 $977,200
Maximum allowable offer
$726,338
$2,958/ac · +30.0% target margin

You need $250,862 off asking to hit this margin.

All-in cost$788,077
Net resale$1,169,404
Projected profit$381,327
ROI+48.4%
Annualized+69.2%
Break-even resale$3,488/ac
Profit if resale lands off target
-20%
$147,446
-10%
$264,387
0%
$381,327
+10%
$498,267
+20%
$615,208
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-498778
Gravel · Off grid
288.8Jul 27, 2026$1,056,8003,6595,5155.9 mi
85
TN-828072
Dirt · Power at road
173.2Jul 27, 2026$849,7004,9066,3287.1 mi
78
TN-628488
Dirt · Full utilities
234.1Oct 26, 2025$701,3002,9963,55210.2 mi
78
TN-708726
Gravel · Full utilities
278.1Jan 20, 2024$1,144,6004,1154,7268.8 mi
77
TN-467215
Gravel · Power at road
93.1Nov 5, 2025$443,0004,7594,6332.3 mi
70
TN-727284
Gravel · Power at road
97.9Feb 16, 2026$669,1006,8376,6598.2 mi
69
TN-949374
Dirt · Full utilities
444.8Sep 14, 2024$1,440,7003,2394,8449.7 mi
63
Show adjustment detail for the top comp
  • Tract size (288.83 ac → 245.57 ac)+4.8%
  • 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.