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Monroe County, TN · Sold

TN-986303

2920 County Road 103

$314,600
$6,543/ac · 48.08 ac
Acreage48.08 ac
Price per acre$6,543/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedAug 4, 2025
Coordinates35.4893, -84.2768
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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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,210 ft of deeded road frontage.

Power196 ft away

Power at or near the road.

Buildable area40.88 of 48.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$267,106
$211,862$322,351 · $5,555/ac on 48.08 ac
Asking vs estimate
+17.8%
Priced above the comp set

Weighted from 9 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 $314,600
Maximum allowable offer
$152,632
$3,175/ac · +30.0% target margin

You need $161,968 off asking to hit this margin.

All-in cost$165,606
Net resale$245,738
Projected profit$80,132
ROI+48.4%
Annualized+69.3%
Break-even resale$3,744/ac
Profit if resale lands off target
-20%
$30,985
-10%
$55,558
0%
$80,132
+10%
$104,706
+20%
$129,280
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-156354
Gravel · Power at road
49.9May 28, 2025$204,5004,0993,7323.8 mi
84
TN-355376
Dirt · Power at road
24.6Apr 11, 2026$172,8007,0336,3633.9 mi
77
TN-825921
Dirt · Power at road
36.5Jan 15, 2025$180,7004,9555,0193.8 mi
76
TN-997751
Paved · Full utilities
137.3Jul 27, 2026$923,8006,7305,1425.8 mi
70
TN-987477
Paved · Full utilities
112.5Jan 13, 2026$1,111,6009,8767,3292.9 mi
69
TN-217842
Gravel · Off grid
146.6Mar 2, 2026$722,2004,9266,5965.6 mi
66
TN-655399
Gravel · Power at road
25.0Nov 12, 2024$128,7005,1534,2548.7 mi
64
TN-335293
Landlocked · Off grid
23.1Apr 30, 2025$109,8004,7486,5858.8 mi
63
TN-197810
Gravel · Full utilities
143.3May 21, 2025$802,2005,6005,3596.6 mi
60
Show adjustment detail for the top comp
  • Tract size (49.89 ac → 48.08 ac)+0.7%
  • Access (Gravel → Dirt)-14.0%
  • Market time (15 mo)+5.1%

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.