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Henry County, TN · Sold

TN-257701

205 County Road 361

$560,600
$4,235/ac · 132 ac
Acreage132 ac
Price per acre$4,235/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedDec 22, 2024
Coordinates36.3339, -88.2542
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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

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
44
Moderate risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power33 ft away

Power at or near the road.

Buildable area104.50 of 132.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$491,697
$397,599$585,794 · $3,715/ac on 132 ac
Asking vs estimate
+14.0%
Priced above the comp set

Weighted from 10 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 $560,600
Maximum allowable offer
$280,970
$2,123/ac · +30.0% target margin

You need $279,630 off asking to hit this margin.

All-in cost$304,852
Net resale$452,361
Projected profit$147,509
ROI+48.4%
Annualized+69.2%
Break-even resale$2,503/ac
Profit if resale lands off target
-20%
$57,036
-10%
$102,272
0%
$147,509
+10%
$192,745
+20%
$237,981
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0404,5837.9 mi
85
TN-867047
Dirt · Power at road
82.4Oct 24, 2025$397,7004,8253,5077.4 mi
77
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2284,4797.6 mi
71
TN-538086
Gravel · Full utilities
175.0Dec 7, 2024$939,6005,3713,4547.1 mi
69
TN-956732
Dirt · Full utilities
65.6Jan 24, 2025$254,4003,8782,2605.5 mi
68
TN-808831
Landlocked · Off grid
300.1Feb 1, 2024$677,3002,2573,6875.1 mi
67
TN-526533
Gravel · Full utilities
56.8Mar 21, 2024$394,0006,9363,4843.2 mi
65
TN-736596
Dirt · Power at road
59.5Mar 19, 2025$279,7004,7053,2565.7 mi
65
TN-586750
Dirt · Off grid
66.5Mar 2, 2025$379,6005,7114,7726.1 mi
64
TN-478565
Gravel · Power at road
247.5Jul 1, 2024$977,1003,9483,4719.4 mi
62
Show adjustment detail for the top comp
  • Tract size (206.23 ac → 132.37 ac)+12.7%
  • Market time (2 mo)+0.6%

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.