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Monroe County, TN · Sold

TN-197810

5896 County Road 389

$787,200
$5,495/ac · 143 ac
Acreage143 ac
Price per acre$5,495/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJan 29, 2025
Coordinates35.4329, -84.1816
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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

Monroe County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Monroe market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,999 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area116.08 of 143.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$922,808
$761,927$1,083,690 · $6,442/ac on 143 ac
Asking vs estimate
-14.7%
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 $787,200
Maximum allowable offer
$527,319
$3,681/ac · +30.0% target margin

You need $259,881 off asking to hit this margin.

All-in cost$572,141
Net resale$848,984
Projected profit$276,843
ROI+48.4%
Annualized+69.2%
Break-even resale$4,341/ac
Profit if resale lands off target
-20%
$107,046
-10%
$191,944
0%
$276,843
+10%
$361,741
+20%
$446,639
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-997751
Paved · Full utilities
137.3Jul 27, 2026$923,8006,7305,6521.2 mi
90
TN-217842
Gravel · Off grid
146.6Mar 2, 2026$722,2004,9267,2505.9 mi
84
TN-248691
Gravel · Power at road
271.2Jul 27, 2026$1,089,7004,0185,8644.5 mi
83
TN-987477
Paved · Full utilities
112.5Jan 13, 2026$1,111,6009,8768,0579.4 mi
76
TN-768044
Dirt · Off grid
169.7May 8, 2025$596,8003,5166,4704.4 mi
74
TN-986303
Dirt · Power at road
48.1Jul 27, 2026$322,5006,7077,3896.6 mi
69
TN-156354
Gravel · Power at road
49.9May 28, 2025$204,5004,0994,1032.9 mi
66
TN-519498
Landlocked · Off grid
486.6Jun 10, 2025$1,033,9002,1256,6781.7 mi
63
Show adjustment detail for the top comp
  • Tract size (137.26 ac → 143.25 ac)-1.1%
  • Access (Paved → Gravel)-15.3%

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.