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Madison County, TN · Sold

TN-614821

5475 County Road 383

$143,600
$8,740/ac · 16.43 ac
Acreage16.43 ac
Price per acre$8,740/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedDec 28, 2023
Coordinates35.5299, -88.9332
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

499 ft of deeded road frontage.

Power98 ft away

Power at or near the road.

Buildable area14.72 of 16.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$163,487
$134,443$192,531 · $9,951/ac on 16.43 ac
Asking vs estimate
-12.2%
Priced below the comp set

Weighted from 8 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 $143,600
Maximum allowable offer
$93,421
$5,686/ac · +30.0% target margin

You need $50,179 off asking to hit this margin.

All-in cost$101,362
Net resale$150,408
Projected profit$49,046
ROI+48.4%
Annualized+69.2%
Break-even resale$6,706/ac
Profit if resale lands off target
-20%
$18,965
-10%
$34,005
0%
$49,046
+10%
$64,087
+20%
$79,128
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-904483
Gravel · Power at road
12.9Jul 27, 2026$103,2008,0229,2473.7 mi
84
TN-345393
Dirt · Power at road
24.9Jun 7, 2026$189,4007,61511,11010.7 mi
81
TN-403809
Paved · Power at road
7.9Jul 27, 2026$71,9009,1168,56111.8 mi
75
TN-455102
Dirt · Off grid
20.1Dec 16, 2024$148,9007,39513,0899.9 mi
73
TN-414600
Landlocked · Full utilities
14.0Mar 28, 2025$64,4004,6036,8108.9 mi
71
TN-615854
Paved · Power at road
34.7Aug 12, 2024$316,0009,09910,97411.9 mi
62
TN-713267
Gravel · Full utilities
5.3Mar 20, 2025$56,60010,6239,9719.1 mi
62
TN-526122
Paved · Off grid
42.2Nov 26, 2024$288,4006,8389,93410.5 mi
61
Show adjustment detail for the top comp
  • Tract size (12.86 ac → 16.43 ac)-2.5%
  • Access (Gravel → Paved)+18.0%

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.