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Madison County, TN · Sold

TN-878886

2360 County Road 200

$1,626,000
$5,206/ac · 312 ac
Acreage312 ac
Price per acre$5,206/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedDec 8, 2024
Coordinates35.5554, -88.8542
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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

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

View Madison market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands14.3% 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

3,110 ft of deeded road frontage.

Power29 ft away

Power at or near the road.

Buildable area254.28 of 312.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,817,626
$1,448,134$2,187,118 · $5,820/ac on 312 ac
Asking vs estimate
-10.5%
Priced below the comp set

Weighted from 9 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 $1,626,000
Maximum allowable offer
$1,038,643
$3,325/ac · +30.0% target margin

You need $587,357 off asking to hit this margin.

All-in cost$1,126,928
Net resale$1,672,216
Projected profit$545,288
ROI+48.4%
Annualized+69.2%
Break-even resale$3,922/ac
Profit if resale lands off target
-20%
$210,845
-10%
$378,067
0%
$545,288
+10%
$712,510
+20%
$879,731
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-348223
Landlocked · Off grid
193.2Jul 27, 2026$594,1003,0755,4864.6 mi
78
TN-569513
Landlocked · Off grid
491.9Jul 27, 2026$1,710,0003,4768,1407.0 mi
77
TN-529807
Gravel · Power at road
608.7Jul 27, 2026$1,931,3003,1734,5819.0 mi
75
TN-458233
Gravel · Full utilities
194.6Jan 27, 2026$1,245,2006,3985,5333.8 mi
74
TN-627162
Gravel · Power at road
89.6Jul 27, 2026$522,6005,8344,9283.6 mi
71
TN-228522
Gravel · Off grid
239.9May 18, 2025$1,096,5004,5706,1876.6 mi
71
TN-589558
Dirt · Full utilities
508.2May 10, 2025$1,983,6003,9035,3444.2 mi
70
TN-827548
Paved · Full utilities
118.5Sep 21, 2024$1,306,30011,0257,4691.9 mi
65
TN-907213
Gravel · Full utilities
93.0Apr 20, 2025$578,0006,2194,5754.0 mi
60
Show adjustment detail for the top comp
  • Tract size (193.21 ac → 312.33 ac)-12.8%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%

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.