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Montgomery County, TN · Sold

TN-499277

5538 County Road 36

$1,228,500
$2,963/ac · 415 ac
Acreage415 ac
Price per acre$2,963/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJan 24, 2024
Coordinates36.5528, -87.3782
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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

Montgomery County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Montgomery market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope18.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,774 ft away

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

Buildable area313.77 of 414.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,472,911
$1,237,364$1,708,457 · $3,553/ac on 415 ac
Asking vs estimate
-16.6%
Priced below the comp set

Weighted from 5 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 $1,228,500
Maximum allowable offer
$841,663
$2,030/ac · +30.0% target margin

You need $386,837 off asking to hit this margin.

All-in cost$913,204
Net resale$1,355,078
Projected profit$441,873
ROI+48.4%
Annualized+69.2%
Break-even resale$2,394/ac
Profit if resale lands off target
-20%
$170,858
-10%
$306,366
0%
$441,873
+10%
$577,381
+20%
$712,889
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-259454
Paved · Power at road
471.3Jul 27, 2026$2,894,0006,1403,1325.8 mi
84
TN-318583
Paved · Power at road
250.8Nov 12, 2024$2,476,1009,8734,4836.9 mi
65
TN-916940
Dirt · Off grid
76.3Dec 29, 2025$503,9006,6063,3918.4 mi
60
TN-257629
Gravel · Full utilities
125.7Jul 6, 2025$1,375,00010,9433,8788.5 mi
59
TN-266970
Gravel · Power at road
78.0Apr 1, 2024$552,6007,0892,8658.2 mi
50
Show adjustment detail for the top comp
  • Tract size (471.32 ac → 414.6 ac)+3.9%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%

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.