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Lawrence County, TN · Sold

TN-523362

1536 County Road 355

$58,400
$10,228/ac · 5.71 ac
Acreage5.71 ac
Price per acre$10,228/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 29, 2024
Coordinates35.1749, -87.4926
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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
34
Moderate risk
Wetlands30.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

475 ft of deeded road frontage.

Power3,610 ft away

Service extension needed; get a utility quote.

Buildable area3.75 of 5.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,803
$31,665$51,940 · $7,321/ac on 5.71 ac
Asking vs estimate
+39.7%
Priced above 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 $58,400
Maximum allowable offer
$23,887
$4,183/ac · +30.0% target margin

You need $34,513 off asking to hit this margin.

All-in cost$25,917
Net resale$38,458
Projected profit$12,541
ROI+48.4%
Annualized+69.3%
Break-even resale$4,934/ac
Profit if resale lands off target
-20%
$4,849
-10%
$8,695
0%
$12,541
+10%
$16,387
+20%
$20,233
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-352503
Gravel · Full utilities
3.1Jun 20, 2026$30,0009,7686,6833.1 mi
79
TN-722309
Gravel · Power at road
2.7Jul 27, 2026$23,5008,8427,32010.7 mi
73
TN-413406
Gravel · Power at road
5.9Feb 5, 2024$46,7007,9237,46214.2 mi
70
TN-605019
Dirt · Power at road
19.0May 21, 2026$85,2004,4904,9584.3 mi
68
TN-251919
Gravel · Power at road
2.0Aug 15, 2024$24,30012,07810,7469.4 mi
59
Show adjustment detail for the top comp
  • Tract size (3.07 ac → 5.71 ac)-2.4%
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.