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Henry County, TN · Sold

TN-736596

9892 County Road 56

$292,000
$4,912/ac · 59.45 ac
Acreage59.45 ac
Price per acre$4,912/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedApr 10, 2024
Coordinates36.3943, -88.3239
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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,000 ft of deeded road frontage.

Power66 ft away

Power at or near the road.

Buildable area46.37 of 59.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$346,992
$278,145$415,839 · $5,837/ac on 59.45 ac
Asking vs estimate
-15.8%
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 $292,000
Maximum allowable offer
$198,281
$3,335/ac · +30.0% target margin

You need $93,719 off asking to hit this margin.

All-in cost$215,135
Net resale$319,233
Projected profit$104,098
ROI+48.4%
Annualized+69.2%
Break-even resale$3,933/ac
Profit if resale lands off target
-20%
$40,251
-10%
$72,175
0%
$104,098
+10%
$136,021
+20%
$167,944
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-867047
Dirt · Power at road
82.4Oct 24, 2025$397,7004,8255,3672.0 mi
80
TN-956732
Dirt · Full utilities
65.6Jan 24, 2025$254,4003,8783,4606.8 mi
75
TN-586750
Dirt · Off grid
66.5Mar 2, 2025$379,6005,7117,30410.3 mi
73
TN-526533
Gravel · Full utilities
56.8Mar 21, 2024$394,0006,9365,3327.2 mi
71
TN-236324
Paved · Full utilities
48.8Dec 21, 2024$450,2009,2215,6578.2 mi
69
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0407,0147.8 mi
68
TN-257701
Landlocked · Power at road
132.4Feb 26, 2025$539,3004,0746,6205.7 mi
65
TN-538086
Gravel · Full utilities
175.0Dec 7, 2024$939,6005,3715,2869.1 mi
62
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2286,8559.5 mi
59
Show adjustment detail for the top comp
  • Tract size (82.42 ac → 59.45 ac)+7.6%
  • 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.