← New search
Gibson County, TN · Sold

TN-708726

2333 County Road 238

$1,242,800
$4,468/ac · 278 ac
Acreage278 ac
Price per acre$4,468/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedSep 13, 2023
Coordinates36.0630, -88.9564
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
4
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,334 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area252.88 of 278.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,366,302
$1,088,226$1,644,378 · $4,912/ac on 278 ac
Asking vs estimate
-9.0%
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 $1,242,800
Maximum allowable offer
$780,744
$2,807/ac · +30.0% target margin

You need $462,056 off asking to hit this margin.

All-in cost$847,107
Net resale$1,256,998
Projected profit$409,891
ROI+48.4%
Annualized+69.2%
Break-even resale$3,310/ac
Profit if resale lands off target
-20%
$158,491
-10%
$284,191
0%
$409,891
+10%
$535,591
+20%
$661,290
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-498778
Gravel · Off grid
288.8Jul 27, 2026$1,056,8003,6595,3214.1 mi
89
TN-548554
Gravel · Full utilities
245.6Feb 18, 2025$971,3003,9554,0558.8 mi
80
TN-628488
Dirt · Full utilities
234.1Oct 26, 2025$701,3002,9963,4275.4 mi
78
TN-828072
Dirt · Power at road
173.2Jul 27, 2026$849,7004,9066,1056.5 mi
77
TN-949374
Dirt · Full utilities
444.8Sep 14, 2024$1,440,7003,2394,6742.6 mi
70
TN-727284
Gravel · Power at road
97.9Feb 16, 2026$669,1006,8376,4258.4 mi
68
TN-467215
Gravel · Power at road
93.1Nov 5, 2025$443,0004,7594,4706.5 mi
66
Show adjustment detail for the top comp
  • Tract size (288.83 ac → 278.15 ac)+1.1%
  • 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.