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Madison County, TN · Sold

TN-228522

2058 County Road 363

$1,099,800
$4,584/ac · 240 ac
Acreage240 ac
Price per acre$4,584/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedApr 14, 2025
Coordinates35.6494, -88.8382
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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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,340 ft of deeded road frontage.

Power9,574 ft away

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

Buildable area215.41 of 239.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,009,530
$827,956$1,191,104 · $4,207/ac on 240 ac
Asking vs estimate
+8.9%
Priced above the comp set

Weighted from 10 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 $1,099,800
Maximum allowable offer
$576,874
$2,404/ac · +30.0% target margin

You need $522,926 off asking to hit this margin.

All-in cost$625,908
Net resale$928,767
Projected profit$302,859
ROI+48.4%
Annualized+69.2%
Break-even resale$2,835/ac
Profit if resale lands off target
-20%
$117,105
-10%
$209,982
0%
$302,859
+10%
$395,736
+20%
$488,612
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-348223
Landlocked · Off grid
193.2Jul 27, 2026$594,1003,0754,2642.3 mi
86
TN-627162
Gravel · Power at road
89.6Jul 27, 2026$522,6005,8343,8303.0 mi
80
TN-458233
Gravel · Full utilities
194.6Jan 27, 2026$1,245,2006,3984,3007.0 mi
79
TN-529807
Gravel · Power at road
608.7Jul 27, 2026$1,931,3003,1733,5614.2 mi
75
TN-569513
Landlocked · Off grid
491.9Jul 27, 2026$1,710,0003,4766,3278.5 mi
74
TN-396843
Dirt · Full utilities
71.1Jul 27, 2026$492,5006,9274,1073.1 mi
71
TN-878886
Paved · Power at road
312.3Jan 21, 2025$1,435,8004,5973,8086.6 mi
70
TN-106925
Dirt · Power at road
75.5Jul 27, 2026$418,0005,5404,0628.5 mi
67
TN-907213
Gravel · Full utilities
93.0Apr 20, 2025$578,0006,2193,5565.2 mi
65
TN-589558
Dirt · Full utilities
508.2May 10, 2025$1,983,6003,9034,1539.1 mi
62
Show adjustment detail for the top comp
  • Tract size (193.21 ac → 239.94 ac)-5.9%
  • Access (Landlocked → Gravel)+47.1%

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.