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Monroe County, TN · Sold

TN-655399

6040 County Road 199

$133,400
$5,340/ac · 24.98 ac
Acreage24.98 ac
Price per acre$5,340/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedAug 14, 2024
Coordinates35.3773, -84.2058
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

4 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands18.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power98 ft away

Power at or near the road.

Buildable area19.39 of 24.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$182,897
$147,025$218,769 · $7,322/ac on 24.98 ac
Asking vs estimate
-27.1%
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 $133,400
Maximum allowable offer
$104,513
$4,184/ac · +30.0% target margin

You need $28,887 off asking to hit this margin.

All-in cost$113,397
Net resale$168,265
Projected profit$54,869
ROI+48.4%
Annualized+69.2%
Break-even resale$4,934/ac
Profit if resale lands off target
-20%
$21,216
-10%
$38,042
0%
$54,869
+10%
$71,695
+20%
$88,522
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-355376
Dirt · Power at road
24.6Apr 11, 2026$172,8007,0338,27710.5 mi
82
TN-986303
Dirt · Power at road
48.1Jul 27, 2026$322,5006,7078,7448.7 mi
75
TN-825921
Dirt · Power at road
36.5Jan 15, 2025$180,7004,9556,5295.8 mi
75
TN-335293
Landlocked · Off grid
23.1Apr 30, 2025$109,8004,7488,5667.9 mi
74
TN-324451
Gravel · Power at road
12.6Oct 26, 2025$75,3005,9935,7089.8 mi
70
TN-804210
Gravel · Power at road
10.6Dec 9, 2025$93,9008,8958,3027.8 mi
70
TN-156354
Gravel · Power at road
49.9May 28, 2025$204,5004,0994,8566.1 mi
70
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Market time (4 mo)+1.5%

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.