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Henry County, TN · Sold

TN-956732

8213 County Road 231

$302,900
$4,617/ac · 65.61 ac
Acreage65.61 ac
Price per acre$4,617/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedMar 27, 2024
Coordinates36.2973, -88.3422
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

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

View Henry market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.9%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

884 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area52.29 of 65.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$473,277
$407,024$539,531 · $7,213/ac on 65.61 ac
Asking vs estimate
-36.0%
Priced below the comp set

Weighted from 9 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 $302,900
Maximum allowable offer
$270,444
$4,122/ac · +30.0% target margin

You need $32,456 off asking to hit this margin.

All-in cost$293,432
Net resale$435,415
Projected profit$141,984
ROI+48.4%
Annualized+69.3%
Break-even resale$4,861/ac
Profit if resale lands off target
-20%
$54,900
-10%
$98,442
0%
$141,984
+10%
$185,525
+20%
$229,067
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-867047
Dirt · Power at road
82.4Oct 24, 2025$397,7004,8256,4107.1 mi
81
TN-586750
Dirt · Off grid
66.5Mar 2, 2025$379,6005,7118,7234.7 mi
79
TN-526533
Gravel · Full utilities
56.8Mar 21, 2024$394,0006,9366,3683.2 mi
78
TN-736596
Dirt · Power at road
59.5Mar 19, 2025$279,7004,7055,9526.8 mi
76
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0408,3772.4 mi
75
TN-236324
Paved · Full utilities
48.8Dec 21, 2024$450,2009,2216,7555.3 mi
72
TN-257701
Landlocked · Power at road
132.4Feb 26, 2025$539,3004,0747,9065.5 mi
69
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2288,1862.8 mi
65
TN-538086
Gravel · Full utilities
175.0Dec 7, 2024$939,6005,3716,3132.3 mi
64
Show adjustment detail for the top comp
  • Tract size (82.42 ac → 65.61 ac)+5.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (10 mo)+3.4%

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.