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Henry County, TN · Sold

TN-604239

2387 County Road 269

$51,200
$4,750/ac · 10.78 ac
Acreage10.78 ac
Price per acre$4,750/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJul 15, 2025
Coordinates36.3406, -88.2882
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

4 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope23.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,842 ft away

Service extension needed; get a utility quote.

Buildable area6.38 of 10.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$62,098
$52,451$71,746 · $5,761/ac on 10.78 ac
Asking vs estimate
-17.6%
Priced below the comp set

Weighted from 9 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 $51,200
Maximum allowable offer
$35,485
$3,292/ac · +30.0% target margin

You need $15,715 off asking to hit this margin.

All-in cost$38,501
Net resale$57,131
Projected profit$18,629
ROI+48.4%
Annualized+69.2%
Break-even resale$3,882/ac
Profit if resale lands off target
-20%
$7,203
-10%
$12,916
0%
$18,629
+10%
$24,342
+20%
$30,055
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-644176
Dirt · Full utilities
10.3Apr 15, 2026$70,2006,8134,7952.0 mi
87
TN-394061
Dirt · Power at road
9.5Apr 30, 2025$53,7005,6645,0234.8 mi
77
TN-923632
Dirt · Off grid
6.9Nov 26, 2024$50,8007,3257,6096.7 mi
75
TN-442258
Dirt · Power at road
2.6Jul 27, 2026$15,9006,1914,9086.1 mi
70
TN-593610
Paved · Off grid
6.8May 6, 2024$51,3007,5095,8046.7 mi
66
TN-802487
Paved · Off grid
3.0Jun 30, 2025$27,8009,1826,5514.6 mi
63
TN-736596
Dirt · Power at road
59.5Mar 19, 2025$279,7004,7055,4474.2 mi
59
TN-236324
Paved · Full utilities
48.8Dec 21, 2024$450,2009,2216,1824.0 mi
56
TN-526533
Gravel · Full utilities
56.8Mar 21, 2024$394,0006,9365,8273.2 mi
54
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.4%

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.