← New search
Monroe County, TN · Sold

TN-402938

6038 County Road 279

$24,600
$5,857/ac · 4.20 ac
Acreage4.20 ac
Price per acre$5,857/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJul 20, 2025
Coordinates35.4219, -84.2103
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

5 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands30.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,302 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.78 of 4.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,604
$21,267$35,941 · $6,810/ac on 4.20 ac
Asking vs estimate
-14.0%
Priced below 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 $24,600
Maximum allowable offer
$16,345
$3,892/ac · +30.0% target margin

You need $8,255 off asking to hit this margin.

All-in cost$17,734
Net resale$26,316
Projected profit$8,581
ROI+48.4%
Annualized+69.3%
Break-even resale$4,590/ac
Profit if resale lands off target
-20%
$3,318
-10%
$5,950
0%
$8,581
+10%
$11,213
+20%
$13,844
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-143006
Dirt · Power at road
4.4Jul 11, 2025$39,3008,9149,2358.3 mi
75
TN-882476
Gravel · Power at road
3.0May 12, 2025$27,0008,9867,9525.7 mi
73
TN-782223
Dirt · Off grid
2.5Oct 29, 2025$10,7004,2735,0514.5 mi
73
TN-922158
Landlocked · Power at road
2.4Feb 4, 2026$8,1003,3924,2603.8 mi
73
TN-804210
Gravel · Power at road
10.6Dec 9, 2025$93,9008,8958,2147.2 mi
68
TN-324451
Gravel · Power at road
12.6Oct 26, 2025$75,3005,9935,6486.8 mi
65
TN-231468
Gravel · Off grid
1.4Mar 13, 2024$7,8005,4105,8043.3 mi
63
TN-541405
Landlocked · Power at road
1.4Oct 26, 2024$8,9006,4438,4296.8 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (13 mo)+4.6%

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.