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Greene County, TN · Sold

TN-509173

3942 County Road 116

$675,200
$1,756/ac · 385 ac
Acreage385 ac
Price per acre$1,756/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedAug 25, 2023
Coordinates36.2067, -82.7860
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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

5 items to verify before you offer.

Risk index
70
High risk
Wetlands42.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,268 ft away

Service extension needed; get a utility quote.

Buildable area210.77 of 384.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$802,254
$684,372$920,136 · $2,086/ac on 385 ac
Asking vs estimate
-15.8%
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 $675,200
Maximum allowable offer
$458,431
$1,192/ac · +30.0% target margin

You need $216,769 off asking to hit this margin.

All-in cost$497,398
Net resale$738,074
Projected profit$240,676
ROI+48.4%
Annualized+69.2%
Break-even resale$1,406/ac
Profit if resale lands off target
-20%
$93,061
-10%
$166,869
0%
$240,676
+10%
$314,483
+20%
$388,291
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-149564
Gravel · Off grid
510.4Jul 27, 2026$1,348,7002,6421,9608.1 mi
85
TN-728841
Dirt · Off grid
302.3Sep 23, 2025$813,6002,6912,0577.2 mi
75
TN-988026
Dirt · Off grid
167.5Feb 6, 2026$598,7003,5742,2788.1 mi
69
TN-737905
Gravel · Full utilities
153.5Jan 26, 2026$851,8005,5512,0734.5 mi
68
TN-398211
Dirt · Power at road
191.5Jul 7, 2025$704,9003,6802,1185.6 mi
67
TN-298228
Paved · Off grid
193.9Jan 4, 2024$975,7005,0322,6439.4 mi
65
TN-349981
Gravel · Power at road
690.4Jan 27, 2025$1,409,9002,0421,5006.9 mi
64
Show adjustment detail for the top comp
  • Tract size (510.42 ac → 384.51 ac)+8.9%
  • Access (Gravel → Landlocked)-32.0%

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.