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Madison County, TN · Sold

TN-414600

5041 County Road 203

$78,300
$5,593/ac · 14.00 ac
Acreage14.00 ac
Price per acre$5,593/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedNov 2, 2024
Coordinates35.6504, -88.8765
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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
26
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area12.90 of 14.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$98,800
$82,501$115,099 · $7,057/ac on 14.00 ac
Asking vs estimate
-20.7%
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 $78,300
Maximum allowable offer
$56,457
$4,033/ac · +30.0% target margin

You need $21,843 off asking to hit this margin.

All-in cost$61,256
Net resale$90,896
Projected profit$29,640
ROI+48.4%
Annualized+69.3%
Break-even resale$4,756/ac
Profit if resale lands off target
-20%
$11,461
-10%
$20,551
0%
$29,640
+10%
$38,730
+20%
$47,820
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-904483
Gravel · Power at road
12.9Jul 27, 2026$103,2008,0226,6145.3 mi
89
TN-345393
Dirt · Power at road
24.9Jun 7, 2026$189,4007,6157,9472.7 mi
76
TN-403809
Paved · Power at road
7.9Jul 27, 2026$71,9009,1166,12310.2 mi
73
TN-455102
Dirt · Off grid
20.1Dec 16, 2024$148,9007,3959,3621.4 mi
71
TN-614821
Paved · Power at road
16.4Jun 7, 2024$130,5007,9456,2058.9 mi
68
TN-782943
Paved · Power at road
4.2Dec 29, 2025$32,6007,7145,1365.5 mi
64
TN-615854
Paved · Power at road
34.7Aug 12, 2024$316,0009,0997,84910.2 mi
61
TN-713267
Gravel · Full utilities
5.3Mar 20, 2025$56,60010,6237,1329.9 mi
61
TN-526122
Paved · Off grid
42.2Nov 26, 2024$288,4006,8387,1055.6 mi
59
Show adjustment detail for the top comp
  • Tract size (12.86 ac → 14 ac)-0.8%
  • Access (Gravel → Landlocked)-32.0%
  • 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.