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Henry County, TN · Sold

TN-808831

7309 County Road 339

$655,000
$2,182/ac · 300 ac
Acreage300 ac
Price per acre$2,182/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedAug 14, 2023
Coordinates36.3972, -88.3020
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

2 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,862 ft away

Service extension needed; get a utility quote.

Buildable area279.99 of 300.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$801,115
$657,695$944,536 · $2,669/ac on 300 ac
Asking vs estimate
-18.2%
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 $655,000
Maximum allowable offer
$457,780
$1,525/ac · +30.0% target margin

You need $197,220 off asking to hit this margin.

All-in cost$496,691
Net resale$737,026
Projected profit$240,335
ROI+48.4%
Annualized+69.2%
Break-even resale$1,799/ac
Profit if resale lands off target
-20%
$92,930
-10%
$166,632
0%
$240,335
+10%
$314,038
+20%
$387,740
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-368313
Landlocked · Power at road
206.2Jun 23, 2026$833,1004,0403,1048.6 mi
83
TN-589522
Dirt · Power at road
495.1Jul 27, 2026$1,956,4003,9513,0885.4 mi
77
TN-959794
Dirt · Full utilities
603.0Jul 27, 2026$1,839,5003,0512,0744.6 mi
75
TN-257701
Landlocked · Power at road
132.4Feb 26, 2025$539,3004,0742,9305.1 mi
70
TN-519448
Gravel · Full utilities
469.3Jul 21, 2025$1,546,0003,2941,86210.1 mi
67
TN-478565
Gravel · Power at road
247.5Jul 1, 2024$977,1003,9482,35110.4 mi
67
TN-538086
Gravel · Full utilities
175.0Dec 7, 2024$939,6005,3712,3399.5 mi
64
TN-519865
Landlocked · Power at road
634.8Aug 19, 2024$1,756,4002,7673,1887.7 mi
63
TN-927580
Paved · Off grid
121.3Aug 7, 2024$755,2006,2283,03410.0 mi
59
Show adjustment detail for the top comp
  • Tract size (206.23 ac → 300.13 ac)-10.2%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.