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Madison County, TN · Sold

TN-827548

1926 County Road 311

$1,216,300
$10,265/ac · 118 ac
Acreage118 ac
Price per acre$10,265/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedDec 31, 2023
Coordinates35.5389, -88.8281
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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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands36.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area72.04 of 118.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,019,642
$919,619$1,119,666 · $8,605/ac on 118 ac
Asking vs estimate
+19.3%
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 $1,216,300
Maximum allowable offer
$582,653
$4,917/ac · +30.0% target margin

You need $633,647 off asking to hit this margin.

All-in cost$632,179
Net resale$938,071
Projected profit$305,892
ROI+48.4%
Annualized+69.2%
Break-even resale$5,799/ac
Profit if resale lands off target
-20%
$118,278
-10%
$212,085
0%
$305,892
+10%
$399,700
+20%
$493,507
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-348223
Landlocked · Off grid
193.2Jul 27, 2026$594,1003,0758,7446.0 mi
81
TN-627162
Gravel · Power at road
89.6Jul 27, 2026$522,6005,8347,8545.0 mi
81
TN-106925
Dirt · Power at road
75.5Jul 27, 2026$418,0005,5408,3301.9 mi
81
TN-907213
Gravel · Full utilities
93.0Apr 20, 2025$578,0006,2197,2913.7 mi
79
TN-458233
Gravel · Full utilities
194.6Jan 27, 2026$1,245,2006,3988,8185.6 mi
79
TN-396843
Dirt · Full utilities
71.1Jul 27, 2026$492,5006,9278,4238.7 mi
77
TN-486832
Landlocked · Power at road
70.5Jun 18, 2025$365,2005,17710,1465.4 mi
69
TN-878886
Paved · Power at road
312.3Jan 21, 2025$1,435,8004,5977,8081.9 mi
66
TN-228522
Gravel · Off grid
239.9May 18, 2025$1,096,5004,5709,8617.7 mi
64
TN-615854
Paved · Power at road
34.7Aug 12, 2024$316,0009,0999,2296.0 mi
63
Show adjustment detail for the top comp
  • Tract size (193.21 ac → 118.49 ac)+13.9%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.