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Hickman County, TN · Sold

TN-938260

4823 County Road 394

$867,400
$4,371/ac · 198 ac
Acreage198 ac
Price per acre$4,371/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedApr 5, 2024
Coordinates35.7680, -87.5143
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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

Hickman County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Hickman market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope25.7%

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.

Power183 ft away

Power at or near the road.

Buildable area112.17 of 198.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$963,869
$791,456$1,136,282 · $4,857/ac on 198 ac
Asking vs estimate
-10.0%
Priced below the comp set

Weighted from 5 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 $867,400
Maximum allowable offer
$550,782
$2,775/ac · +30.0% target margin

You need $316,618 off asking to hit this margin.

All-in cost$597,598
Net resale$886,759
Projected profit$289,161
ROI+48.4%
Annualized+69.2%
Break-even resale$3,273/ac
Profit if resale lands off target
-20%
$111,809
-10%
$200,485
0%
$289,161
+10%
$377,837
+20%
$466,513
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-778812
Paved · Full utilities
296.0Mar 30, 2025$2,521,3008,5176,0323.3 mi
75
TN-409153
Gravel · Off grid
379.0Jul 27, 2026$1,285,6003,3924,1448.2 mi
73
TN-309772
Dirt · Off grid
593.4Nov 22, 2025$1,749,0002,9474,9282.3 mi
69
TN-486623
Paved · Off grid
60.6Jul 27, 2026$350,8005,7873,6997.2 mi
68
TN-426577
Gravel · Off grid
58.6Dec 1, 2024$405,0006,9065,5318.0 mi
56
Show adjustment detail for the top comp
  • Tract size (296.03 ac → 198.46 ac)+12.1%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (17 mo)+5.8%

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.