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Henry County, TN · Sold

TN-920256

9662 County Road 397

$5,600
$9,333/ac · 0.60 ac
Acreage0.60 ac
Price per acre$9,333/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedOct 22, 2023
Coordinates36.2668, -88.3273
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
21
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope21.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

76 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.34 of 0.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,554
$5,577$7,530 · $10,923/ac on 0.60 ac
Asking vs estimate
-14.6%
Priced below 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 $5,600
Maximum allowable offer
$3,745
$6,241/ac · +30.0% target margin

You need $1,855 off asking to hit this margin.

All-in cost$4,063
Net resale$6,029
Projected profit$1,966
ROI+48.4%
Annualized+69.2%
Break-even resale$7,361/ac
Profit if resale lands off target
-20%
$760
-10%
$1,363
0%
$1,966
+10%
$2,569
+20%
$3,172
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-971027
Dirt · Off grid
1.1Feb 26, 2026$7,0006,62911,3324.0 mi
73
TN-442258
Dirt · Power at road
2.6Jul 27, 2026$15,9006,1918,9791.1 mi
70
TN-471534
Gravel · Power at road
1.5Feb 27, 2025$10,9007,1669,3698.8 mi
62
TN-802487
Paved · Off grid
3.0Jun 30, 2025$27,8009,18211,9867.3 mi
57
TN-923632
Dirt · Off grid
6.9Nov 26, 2024$50,8007,32513,9221.5 mi
53
TN-593610
Paved · Off grid
6.8May 6, 2024$51,3007,50910,6191.5 mi
52
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (6 mo)+2.0%

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.