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Madison County, TN · Sold

TN-396843

8244 County Road 218

$533,000
$7,496/ac · 71.10 ac
Acreage71.10 ac
Price per acre$7,496/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedMay 18, 2026
Coordinates35.6534, -88.8938
Loading terrain…
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area56.20 of 71.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$528,069
$456,045$600,092 · $7,427/ac on 71.10 ac
Asking vs estimate
+0.9%
In line with 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 $533,000
Maximum allowable offer
$301,754
$4,244/ac · +30.0% target margin

You need $231,246 off asking to hit this margin.

All-in cost$327,403
Net resale$485,823
Projected profit$158,420
ROI+48.4%
Annualized+69.2%
Break-even resale$5,005/ac
Profit if resale lands off target
-20%
$61,255
-10%
$109,838
0%
$158,420
+10%
$207,002
+20%
$255,585
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-106925
Dirt · Power at road
75.5Jul 27, 2026$418,0005,5406,86510.1 mi
84
TN-627162
Gravel · Power at road
89.6Jul 27, 2026$522,6005,8346,4733.9 mi
83
TN-345393
Dirt · Power at road
24.9Jun 7, 2026$189,4007,6157,7013.6 mi
77
TN-486832
Landlocked · Power at road
70.5Jun 18, 2025$365,2005,1778,3627.4 mi
76
TN-348223
Landlocked · Off grid
193.2Jul 27, 2026$594,1003,0757,2072.9 mi
72
TN-907213
Gravel · Full utilities
93.0Apr 20, 2025$578,0006,2196,0107.5 mi
72
TN-458233
Gravel · Full utilities
194.6Jan 27, 2026$1,245,2006,3987,2685.8 mi
68
TN-827548
Paved · Full utilities
118.5Sep 21, 2024$1,306,30011,0259,8128.7 mi
65
TN-526122
Paved · Off grid
42.2Nov 26, 2024$288,4006,8386,8866.6 mi
65
TN-228522
Gravel · Off grid
239.9May 18, 2025$1,096,5004,5708,1283.1 mi
62
Show adjustment detail for the top comp
  • Tract size (75.45 ac → 71.1 ac)+1.4%
  • Utilities (Power at road → Full utilities)+22.0%

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.