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Monroe County, TN · Sold

TN-217842

5797 County Road 306

$731,000
$4,986/ac · 147 ac
Acreage147 ac
Price per acre$4,986/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 3, 2026
Coordinates35.4080, -84.2814
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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
28
Low risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope8.5%

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.

Power4,660 ft away

Service extension needed; get a utility quote.

Buildable area123.82 of 146.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$637,302
$526,547$748,057 · $4,347/ac on 147 ac
Asking vs estimate
+14.7%
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 $731,000
Maximum allowable offer
$364,173
$2,484/ac · +30.0% target margin

You need $366,827 off asking to hit this margin.

All-in cost$395,128
Net resale$586,318
Projected profit$191,190
ROI+48.4%
Annualized+69.2%
Break-even resale$2,929/ac
Profit if resale lands off target
-20%
$73,927
-10%
$132,558
0%
$191,190
+10%
$249,822
+20%
$308,454
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-997751
Paved · Full utilities
137.3Jul 27, 2026$923,8006,7303,9144.8 mi
89
TN-987477
Paved · Full utilities
112.5Jan 13, 2026$1,111,6009,8765,5797.1 mi
79
TN-197810
Gravel · Full utilities
143.3May 21, 2025$802,2005,6004,0795.9 mi
79
TN-248691
Gravel · Power at road
271.2Jul 27, 2026$1,089,7004,0184,0605.7 mi
78
TN-768044
Dirt · Off grid
169.7May 8, 2025$596,8003,5164,4802.3 mi
78
TN-986303
Dirt · Power at road
48.1Jul 27, 2026$322,5006,7075,1165.6 mi
69
TN-156354
Gravel · Power at road
49.9May 28, 2025$204,5004,0992,8415.4 mi
64
TN-519498
Landlocked · Off grid
486.6Jun 10, 2025$1,033,9002,1254,6247.3 mi
61
Show adjustment detail for the top comp
  • Tract size (137.26 ac → 146.61 ac)-1.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.