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Monroe County, TN · Sold

TN-987477

2602 County Road 314

$1,034,000
$9,187/ac · 113 ac
Acreage113 ac
Price per acre$9,187/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographySloped
ListedMar 11, 2025
Coordinates35.5041, -84.3250
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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
36
Moderate risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope27.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area63.55 of 112.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$857,813
$721,396$994,231 · $7,622/ac on 113 ac
Asking vs estimate
+20.5%
Priced above 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 $1,034,000
Maximum allowable offer
$490,179
$4,355/ac · +30.0% target margin

You need $543,821 off asking to hit this margin.

All-in cost$531,844
Net resale$789,188
Projected profit$257,344
ROI+48.4%
Annualized+69.2%
Break-even resale$5,136/ac
Profit if resale lands off target
-20%
$99,506
-10%
$178,425
0%
$257,344
+10%
$336,263
+20%
$415,182
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-997751
Paved · Full utilities
137.3Jul 27, 2026$923,8006,7307,0998.5 mi
89
TN-217842
Gravel · Off grid
146.6Mar 2, 2026$722,2004,9269,1067.1 mi
80
TN-986303
Dirt · Power at road
48.1Jul 27, 2026$322,5006,7079,2802.9 mi
74
TN-197810
Gravel · Full utilities
143.3May 21, 2025$802,2005,6007,3989.4 mi
72
TN-768044
Dirt · Off grid
169.7May 8, 2025$596,8003,5168,1266.0 mi
69
TN-248691
Gravel · Power at road
271.2Jul 27, 2026$1,089,7004,0187,36512.0 mi
68
TN-156354
Gravel · Power at road
49.9May 28, 2025$204,5004,0995,1536.7 mi
63
TN-825921
Dirt · Power at road
36.5Jan 15, 2025$180,7004,9556,9295.4 mi
59
Show adjustment detail for the top comp
  • Tract size (137.26 ac → 112.55 ac)+5.2%

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.