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Henry County, TN · Sold

TN-538086

7470 County Road 189

$1,078,800
$6,166/ac · 175 ac
Acreage175 ac
Price per acre$6,166/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedNov 1, 2024
Coordinates36.2647, -88.3485
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
2
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,073 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area162.39 of 174.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,064,423
$836,583$1,292,263 · $6,084/ac on 175 ac
Asking vs estimate
+1.4%
In line with 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 $1,078,800
Maximum allowable offer
$608,242
$3,476/ac · +30.0% target margin

You need $470,558 off asking to hit this margin.

All-in cost$659,943
Net resale$979,269
Projected profit$319,327
ROI+48.4%
Annualized+69.2%
Break-even resale$4,100/ac
Profit if resale lands off target
-20%
$123,473
-10%
$221,400
0%
$319,327
+10%
$417,254
+20%
$515,180
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0407,6312.8 mi
83
TN-478565
Gravel · Power at road
247.5Jul 1, 2024$977,1003,9485,7803.0 mi
76
TN-959794
Dirt · Full utilities
603.0Jul 27, 2026$1,839,5003,0515,1006.7 mi
74
TN-519448
Gravel · Full utilities
469.3Jul 21, 2025$1,546,0003,2944,5770.7 mi
71
TN-589522
Dirt · Power at road
495.1Jul 27, 2026$1,956,4003,9517,5914.6 mi
71
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2287,4580.5 mi
70
TN-257701
Landlocked · Power at road
132.4Feb 26, 2025$539,3004,0747,2027.1 mi
69
TN-867047
Dirt · Power at road
82.4Oct 24, 2025$397,7004,8255,8409.4 mi
65
TN-956732
Dirt · Full utilities
65.6Jan 24, 2025$254,4003,8783,7642.3 mi
65
TN-736596
Dirt · Power at road
59.5Mar 19, 2025$279,7004,7055,4239.1 mi
63
Show adjustment detail for the top comp
  • Tract size (206.23 ac → 174.96 ac)+4.6%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.