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Monroe County, TN · Sold

TN-156354

9798 County Road 342

$229,500
$4,600/ac · 49.89 ac
Acreage49.89 ac
Price per acre$4,600/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedSep 17, 2024
Coordinates35.4648, -84.2163
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,173 ft of deeded road frontage.

Power108 ft away

Power at or near the road.

Buildable area42.85 of 49.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$342,296
$290,191$394,402 · $6,861/ac on 49.89 ac
Asking vs estimate
-33.0%
Priced below the comp set

Weighted from 10 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 $229,500
Maximum allowable offer
$195,598
$3,921/ac · +30.0% target margin

You need $33,902 off asking to hit this margin.

All-in cost$212,224
Net resale$314,913
Projected profit$102,689
ROI+48.4%
Annualized+69.2%
Break-even resale$4,624/ac
Profit if resale lands off target
-20%
$39,706
-10%
$71,197
0%
$102,689
+10%
$134,180
+20%
$165,671
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-986303
Dirt · Power at road
48.1Jul 27, 2026$322,5006,7077,7593.8 mi
93
TN-355376
Dirt · Power at road
24.6Apr 11, 2026$172,8007,0337,3444.4 mi
74
TN-997751
Paved · Full utilities
137.3Jul 27, 2026$923,8006,7305,9352.4 mi
73
TN-825921
Dirt · Power at road
36.5Jan 15, 2025$180,7004,9555,7934.2 mi
72
TN-217842
Gravel · Off grid
146.6Mar 2, 2026$722,2004,9267,6135.4 mi
69
TN-655399
Gravel · Power at road
25.0Nov 12, 2024$128,7005,1534,9106.1 mi
67
TN-987477
Paved · Full utilities
112.5Jan 13, 2026$1,111,6009,8768,4606.7 mi
67
TN-197810
Gravel · Full utilities
143.3May 21, 2025$802,2005,6006,1852.9 mi
66
TN-335293
Landlocked · Off grid
23.1Apr 30, 2025$109,8004,7487,6019.6 mi
62
TN-768044
Dirt · Off grid
169.7May 8, 2025$596,8003,5166,7943.1 mi
62
Show adjustment detail for the top comp
  • Tract size (48.08 ac → 49.89 ac)-0.7%
  • Access (Dirt → Gravel)+16.3%

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.