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Lawrence County, TN · Sold

TN-251919

5505 County Road 123

$23,800
$11,841/ac · 2.01 ac
Acreage2.01 ac
Price per acre$11,841/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJun 13, 2024
Coordinates35.1569, -87.3277
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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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands19.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

114 ft of deeded road frontage.

Power24 ft away

Power at or near the road.

Buildable area1.55 of 2.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,875
$16,049$21,701 · $9,391/ac on 2.01 ac
Asking vs estimate
+26.1%
Priced above the comp set

Weighted from 7 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 $23,800
Maximum allowable offer
$10,786
$5,366/ac · +30.0% target margin

You need $13,014 off asking to hit this margin.

All-in cost$11,703
Net resale$17,365
Projected profit$5,662
ROI+48.4%
Annualized+69.2%
Break-even resale$6,329/ac
Profit if resale lands off target
-20%
$2,189
-10%
$3,926
0%
$5,662
+10%
$7,399
+20%
$9,135
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-722309
Gravel · Power at road
2.7Jul 27, 2026$23,5008,8428,9192.5 mi
87
TN-352503
Gravel · Full utilities
3.1Jun 20, 2026$30,0009,7688,1436.8 mi
79
TN-650964
Gravel · Power at road
1.0Nov 6, 2025$9,1009,0289,2276.7 mi
77
TN-970253
Gravel · Off grid
0.6Nov 30, 2024$5,6009,28711,5421.3 mi
68
TN-250932
Paved · Power at road
1.0Nov 1, 2025$8,6008,7617,59012.3 mi
66
TN-523362
Gravel · Off grid
5.7Dec 7, 2025$52,7009,23611,5789.4 mi
65
TN-413406
Gravel · Power at road
5.9Feb 5, 2024$46,7007,9239,09110.1 mi
58
Show adjustment detail for the top comp
  • Tract size (2.66 ac → 2.01 ac)+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.