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Greene County, TN · Sold

TN-446045

8438 County Road 87

$227,900
$5,715/ac · 39.88 ac
Acreage39.88 ac
Price per acre$5,715/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJan 14, 2025
Coordinates36.1926, -82.8970
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

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

View Greene market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.4%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,562 ft of deeded road frontage.

Power176 ft away

Power at or near the road.

Buildable area27.85 of 39.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$237,187
$192,788$281,586 · $5,948/ac on 39.88 ac
Asking vs estimate
-3.9%
In line with the comp set

Weighted from 8 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 $227,900
Maximum allowable offer
$135,536
$3,399/ac · +30.0% target margin

You need $92,364 off asking to hit this margin.

All-in cost$147,057
Net resale$218,212
Projected profit$71,156
ROI+48.4%
Annualized+69.2%
Break-even resale$4,008/ac
Profit if resale lands off target
-20%
$27,513
-10%
$49,334
0%
$71,156
+10%
$92,977
+20%
$114,798
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-665622
Dirt · Off grid
29.4Jul 14, 2026$142,4004,8516,3222.4 mi
82
TN-167030
Gravel · Power at road
81.4Jan 9, 2025$391,2004,8055,9533.1 mi
75
TN-735480
Paved · Full utilities
26.5Nov 25, 2025$177,2006,6884,4727.6 mi
71
TN-826167
Paved · Full utilities
43.6May 17, 2024$295,0006,7725,2347.0 mi
71
TN-475385
Paved · Off grid
24.7Aug 31, 2024$133,9005,4135,4017.0 mi
70
TN-145238
Dirt · Full utilities
22.2Mar 15, 2025$157,2007,0726,5071.1 mi
69
TN-194734
Paved · Off grid
15.4Nov 3, 2025$92,0005,9595,3478.4 mi
68
TN-394527
Landlocked · Full utilities
13.3Feb 20, 2025$103,7007,8098,5780.9 mi
63
Show adjustment detail for the top comp
  • Tract size (29.36 ac → 39.88 ac)-5.1%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (1 mo)+0.4%

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.