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Monroe County, TN · Sold

TN-768044

4696 County Road 230

$573,800
$3,381/ac · 170 ac
Acreage170 ac
Price per acre$3,381/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJun 22, 2024
Coordinates35.4358, -84.2593
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

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

1 item to verify before you offer.

Risk index
5
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,394 ft of deeded road frontage.

Power2,392 ft away

Service extension needed; get a utility quote.

Buildable area155.74 of 169.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$608,013
$497,381$718,646 · $3,583/ac on 170 ac
Asking vs estimate
-5.6%
Priced below the comp set

Weighted from 7 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 $573,800
Maximum allowable offer
$347,436
$2,047/ac · +30.0% target margin

You need $226,364 off asking to hit this margin.

All-in cost$376,968
Net resale$559,372
Projected profit$182,404
ROI+48.4%
Annualized+69.2%
Break-even resale$2,414/ac
Profit if resale lands off target
-20%
$70,530
-10%
$126,467
0%
$182,404
+10%
$238,341
+20%
$294,278
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-217842
Gravel · Off grid
146.6Mar 2, 2026$722,2004,9264,1512.3 mi
83
TN-997751
Paved · Full utilities
137.3Jul 27, 2026$923,8006,7303,2363.2 mi
83
TN-248691
Gravel · Power at road
271.2Jul 27, 2026$1,089,7004,0183,3576.0 mi
77
TN-197810
Gravel · Full utilities
143.3May 21, 2025$802,2005,6003,3734.4 mi
74
TN-987477
Paved · Full utilities
112.5Jan 13, 2026$1,111,6009,8764,6136.0 mi
73
TN-519498
Landlocked · Off grid
486.6Jun 10, 2025$1,033,9002,1253,8235.5 mi
64
TN-156354
Gravel · Power at road
49.9May 28, 2025$204,5004,0992,3493.1 mi
62
Show adjustment detail for the top comp
  • Tract size (146.61 ac → 169.71 ac)-3.9%
  • Access (Gravel → Dirt)-14.0%
  • Market time (5 mo)+1.9%

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.