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Henry County, TN · Sold

TN-867047

3846 County Road 184

$475,100
$5,764/ac · 82.42 ac
Acreage82.42 ac
Price per acre$5,764/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJan 29, 2025
Coordinates36.3998, -88.3588
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands7.7% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,879 ft of deeded road frontage.

Power84 ft away

Power at or near the road.

Buildable area72.27 of 82.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$442,424
$354,176$530,673 · $5,368/ac on 82.42 ac
Asking vs estimate
+7.4%
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 $475,100
Maximum allowable offer
$252,814
$3,067/ac · +30.0% target margin

You need $222,286 off asking to hit this margin.

All-in cost$274,303
Net resale$407,031
Projected profit$132,727
ROI+48.4%
Annualized+69.2%
Break-even resale$3,618/ac
Profit if resale lands off target
-20%
$51,321
-10%
$92,024
0%
$132,727
+10%
$173,430
+20%
$214,133
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-956732
Dirt · Full utilities
65.6Jan 24, 2025$254,4003,8783,2167.1 mi
77
TN-736596
Dirt · Power at road
59.5Mar 19, 2025$279,7004,7054,6322.0 mi
77
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0406,5197.6 mi
76
TN-257701
Landlocked · Power at road
132.4Feb 26, 2025$539,3004,0746,1537.4 mi
73
TN-586750
Dirt · Off grid
66.5Mar 2, 2025$379,6005,7116,78911.3 mi
71
TN-526533
Gravel · Full utilities
56.8Mar 21, 2024$394,0006,9364,9568.3 mi
68
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2286,3719.8 mi
64
TN-236324
Paved · Full utilities
48.8Dec 21, 2024$450,2009,2215,2589.7 mi
63
TN-538086
Gravel · Full utilities
175.0Dec 7, 2024$939,6005,3714,9139.4 mi
60
TN-478565
Gravel · Power at road
247.5Jul 1, 2024$977,1003,9484,9389.3 mi
57
Show adjustment detail for the top comp
  • Tract size (65.61 ac → 82.42 ac)-5.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (19 mo)+6.5%

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.