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Monroe County, TN · Sold

TN-541405

2705 County Road 340

$9,500
$6,884/ac · 1.38 ac
Acreage1.38 ac
Price per acre$6,884/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedDec 26, 2023
Coordinates35.4528, -84.3257
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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

4 items to verify before you offer.

Risk index
51
Moderate risk
Wetlands25.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power227 ft away

Power at or near the road.

Buildable area0.98 of 1.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,077
$5,096$9,059 · $5,128/ac on 1.38 ac
Asking vs estimate
+34.2%
Priced above 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 $9,500
Maximum allowable offer
$4,044
$2,931/ac · +30.0% target margin

You need $5,456 off asking to hit this margin.

All-in cost$4,388
Net resale$6,511
Projected profit$2,123
ROI+48.4%
Annualized+69.3%
Break-even resale$3,456/ac
Profit if resale lands off target
-20%
$821
-10%
$1,472
0%
$2,123
+10%
$2,774
+20%
$3,426
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-922158
Landlocked · Power at road
2.4Feb 4, 2026$8,1003,3923,50310.5 mi
74
TN-882476
Gravel · Power at road
3.0May 12, 2025$27,0008,9866,5392.0 mi
73
TN-231468
Gravel · Off grid
1.4Mar 13, 2024$7,8005,4104,7734.8 mi
73
TN-143006
Dirt · Power at road
4.4Jul 11, 2025$39,3008,9147,5945.3 mi
68
TN-782223
Dirt · Off grid
2.5Oct 29, 2025$10,7004,2734,15410.4 mi
66
TN-402938
Gravel · Off grid
4.2Oct 31, 2025$20,7004,9264,1856.8 mi
63
Show adjustment detail for the top comp
  • Tract size (2.39 ac → 1.38 ac)+1.0%
  • Market time (6 mo)+2.2%

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.