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Henry County, TN · Sold

TN-478565

7839 County Road 113

$979,100
$3,955/ac · 248 ac
Acreage248 ac
Price per acre$3,955/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 28, 2024
Coordinates36.2706, -88.4027
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
30
Low risk
Wetlands29.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

2,955 ft of deeded road frontage.

Power47 ft away

Power at or near the road.

Buildable area165.31 of 247.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,197,929
$990,700$1,405,158 · $4,840/ac on 248 ac
Asking vs estimate
-18.3%
Priced below 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 $979,100
Maximum allowable offer
$684,531
$2,765/ac · +30.0% target margin

You need $294,569 off asking to hit this margin.

All-in cost$742,716
Net resale$1,102,095
Projected profit$359,379
ROI+48.4%
Annualized+69.2%
Break-even resale$3,261/ac
Profit if resale lands off target
-20%
$138,960
-10%
$249,169
0%
$359,379
+10%
$469,588
+20%
$579,798
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0405,6771.8 mi
86
TN-538086
Gravel · Full utilities
175.0Dec 7, 2024$939,6005,3714,2793.0 mi
77
TN-589522
Dirt · Power at road
495.1Jul 27, 2026$1,956,4003,9515,6475.0 mi
77
TN-959794
Dirt · Full utilities
603.0Jul 27, 2026$1,839,5003,0513,7946.4 mi
76
TN-519448
Gravel · Full utilities
469.3Jul 21, 2025$1,546,0003,2943,4052.8 mi
71
TN-808831
Landlocked · Off grid
300.1Feb 1, 2024$677,3002,2574,56710.4 mi
66
TN-257701
Landlocked · Power at road
132.4Feb 26, 2025$539,3004,0745,3589.4 mi
65
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2285,5482.9 mi
64
TN-867047
Dirt · Power at road
82.4Oct 24, 2025$397,7004,8254,3449.3 mi
63
TN-519865
Landlocked · Power at road
634.8Aug 19, 2024$1,756,4002,7675,8315.2 mi
61
Show adjustment detail for the top comp
  • Tract size (206.23 ac → 247.53 ac)-5.0%
  • Access (Landlocked → Gravel)+47.1%
  • 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.