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Hamilton County, TN · Sold

TN-376530

3142 County Road 287

$505,400
$8,917/ac · 56.68 ac
Acreage56.68 ac
Price per acre$8,917/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJun 4, 2025
Coordinates35.2313, -85.2845
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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

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

View Hamilton market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,367 ft of deeded road frontage.

Power27 ft away

Power at or near the road.

Buildable area46.42 of 56.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$541,747
$478,369$605,124 · $9,558/ac on 56.68 ac
Asking vs estimate
-6.7%
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 $505,400
Maximum allowable offer
$309,569
$5,462/ac · +30.0% target margin

You need $195,831 off asking to hit this margin.

All-in cost$335,882
Net resale$498,407
Projected profit$162,524
ROI+48.4%
Annualized+69.3%
Break-even resale$6,441/ac
Profit if resale lands off target
-20%
$62,843
-10%
$112,684
0%
$162,524
+10%
$212,365
+20%
$262,206
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-326396
Dirt · Power at road
51.4Nov 11, 2024$442,1008,59710,5232.1 mi
77
TN-855030
Gravel · Off grid
19.1Jul 27, 2026$195,30010,21610,0436.4 mi
76
TN-647033
Gravel · Power at road
81.6Feb 12, 2025$565,9006,9367,99610.3 mi
71
TN-667411
Dirt · Power at road
107.3Mar 9, 2025$598,8005,5817,9725.8 mi
67
TN-415002
Gravel · Full utilities
18.7Apr 3, 2026$295,40015,76110,9119.8 mi
67
TN-315400
Dirt · Power at road
25.0Sep 12, 2025$247,3009,89310,3327.1 mi
67
TN-758178
Dirt · Full utilities
187.0Feb 28, 2026$1,293,9006,9199,0164.7 mi
66
Show adjustment detail for the top comp
  • Tract size (51.43 ac → 56.68 ac)-2.0%
  • Access (Dirt → Gravel)+16.3%
  • Market time (21 mo)+7.4%

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.