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Madison County, TN · Sold

TN-529807

3821 County Road 268

$2,280,200
$3,746/ac · 609 ac
Acreage609 ac
Price per acre$3,746/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedMay 9, 2026
Coordinates35.6652, -88.7668
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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
20
Low risk
Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power75 ft away

Power at or near the road.

Buildable area525.61 of 608.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,548,223
$2,071,229$3,025,218 · $4,187/ac on 609 ac
Asking vs estimate
-10.5%
Priced below the comp set

Weighted from 6 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 $2,280,200
Maximum allowable offer
$1,456,128
$2,392/ac · +30.0% target margin

You need $824,072 off asking to hit this margin.

All-in cost$1,579,899
Net resale$2,344,365
Projected profit$764,467
ROI+48.4%
Annualized+69.2%
Break-even resale$2,821/ac
Profit if resale lands off target
-20%
$295,594
-10%
$530,030
0%
$764,467
+10%
$998,903
+20%
$1,233,340
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-569513
Landlocked · Off grid
491.9Jul 27, 2026$1,710,0003,4765,6517.3 mi
86
TN-589558
Dirt · Full utilities
508.2May 10, 2025$1,983,6003,9033,70912.5 mi
70
TN-348223
Landlocked · Off grid
193.2Jul 27, 2026$594,1003,0753,8086.1 mi
69
TN-228522
Gravel · Off grid
239.9May 18, 2025$1,096,5004,5704,2954.2 mi
66
TN-878886
Paved · Power at road
312.3Jan 21, 2025$1,435,8004,5973,4019.0 mi
65
TN-458233
Gravel · Full utilities
194.6Jan 27, 2026$1,245,2006,3983,84010.7 mi
64
Show adjustment detail for the top comp
  • Tract size (491.91 ac → 608.66 ac)-6.3%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%

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.