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Henry County, TN · Sold

TN-923632

1978 County Road 337

$51,400
$7,406/ac · 6.94 ac
Acreage6.94 ac
Price per acre$7,406/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 6, 2023
Coordinates36.2591, -88.3530
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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
46
Moderate risk
Wetlands40.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

366 ft of deeded road frontage.

Power6,130 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.96 of 6.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$37,830
$33,325$42,336 · $5,451/ac on 6.94 ac
Asking vs estimate
+35.9%
Priced above the comp set

Weighted from 6 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 $51,400
Maximum allowable offer
$21,617
$3,115/ac · +30.0% target margin

You need $29,783 off asking to hit this margin.

All-in cost$23,454
Net resale$34,804
Projected profit$11,350
ROI+48.4%
Annualized+69.3%
Break-even resale$3,673/ac
Profit if resale lands off target
-20%
$4,389
-10%
$7,869
0%
$11,350
+10%
$14,830
+20%
$18,310
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-604239
Dirt · Off grid
10.8Sep 4, 2025$49,8004,6174,9546.7 mi
79
TN-593610
Paved · Off grid
6.8May 6, 2024$51,3007,5095,9900.0 mi
78
TN-644176
Dirt · Full utilities
10.3Apr 15, 2026$70,2006,8134,9498.6 mi
77
TN-442258
Dirt · Power at road
2.6Jul 27, 2026$15,9006,1915,0650.6 mi
77
TN-394061
Dirt · Power at road
9.5Apr 30, 2025$53,7005,6645,1853.9 mi
74
TN-802487
Paved · Off grid
3.0Jun 30, 2025$27,8009,1826,7627.6 mi
65
Show adjustment detail for the top comp
  • Tract size (10.78 ac → 6.94 ac)+3.2%
  • Market time (11 mo)+4.0%

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.