Lawrence County, TN · Sold

TN-598771

9332 County Road 40

$844,000

$2,937/ac · 287 ac

Offer report Market this tract

Acreage287 ac

Price per acre$2,937/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedFeb 4, 2025

Coordinates35.1675, -87.4586

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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

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

View Lawrence market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Low risk

Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,079 ft of deeded road frontage.

Power7,572 ft away

A long utility run — price in solar/off-grid instead.

Buildable area220.86 of 287.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$891,835

$658,882 – $1,124,788 · $3,103/ac on 287 ac

Asking vs estimate

-5.4%

Priced below the comp set

Weighted from 8 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 $844,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$509,620

$1,773/ac · +30.0% target margin

You need $334,380 off asking to hit this margin.

All-in cost$552,938

Net resale$820,488

Projected profit$267,551

ROI+48.4%

Annualized+69.2%

Break-even resale$2,091/ac

Profit if resale lands off target

-20%

$103,453

-10%

$185,502

$267,551

+10%

$349,600

+20%

$431,648

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
TN-858713 Dirt · Off grid	275.5	Jul 27, 2026	$690,700	2,507	2,886	7.2 mi	86
TN-868175 Landlocked · Off grid	186.6	Jun 11, 2026	$357,700	1,917	2,513	2.0 mi	81
TN-139572 Dirt · Off grid	513.4	Jul 2, 2026	$1,226,200	2,389	3,316	5.9 mi	77
TN-468980 Paved · Off grid	334.3	Apr 19, 2025	$835,000	2,498	2,335	9.8 mi	73
TN-248360 Paved · Power at road	213.4	Sep 29, 2025	$754,500	3,536	2,426	8.9 mi	71
TN-449454 Dirt · Off grid	471.3	Jul 22, 2024	$1,243,200	2,638	3,859	0.7 mi	70
TN-819937 Gravel · Power at road	668.8	Sep 4, 2025	$1,689,900	2,527	2,875	10.5 mi	65
TN-417382 Gravel · Off grid	105.1	Dec 24, 2023	$629,200	5,989	5,062	8.9 mi	59

Show adjustment detail for the top comp

Tract size (275.54 ac → 287.37 ac)-1.2%
Access (Dirt → Gravel)+16.3%

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.

Build the listing kit Post a deal or JV