Montgomery County, TN · Sold

TN-194739

9324 County Road 192

$314,200

$20,284/ac · 15.49 ac

Offer report Market this tract

Acreage15.49 ac

Price per acre$20,284/ac

ZoningMixed Use

Road accessGravel

UtilitiesFull utilities

TopographySloped

ListedJun 9, 2024

Coordinates36.4481, -87.3445

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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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope27.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area8.82 of 15.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$272,583

$227,719 – $317,447 · $17,597/ac on 15.49 ac

Asking vs estimate

+15.3%

Priced above the comp set

Weighted from 7 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 $314,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$155,762

$10,056/ac · +30.0% target margin

You need $158,438 off asking to hit this margin.

All-in cost$169,002

Net resale$250,776

Projected profit$81,774

ROI+48.4%

Annualized+69.2%

Break-even resale$11,859/ac

Profit if resale lands off target

-20%

$31,619

-10%

$56,697

$81,774

+10%

$106,852

+20%

$131,930

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
TN-964688 Landlocked · Off grid	14.9	Jul 27, 2026	$121,800	8,161	17,195	8.7 mi	88
TN-744797 Paved · Power at road	16.1	Apr 23, 2025	$268,300	16,613	18,207	7.3 mi	74
TN-984927 Dirt · Power at road	17.7	Oct 3, 2025	$267,700	15,090	22,532	9.2 mi	74
TN-796304 Paved · Off grid	48.1	Jul 27, 2026	$644,300	13,390	19,406	2.0 mi	72
TN-993018 Paved · Power at road	4.5	Jul 27, 2026	$83,100	18,683	17,711	7.3 mi	67
TN-253100 Landlocked · Power at road	4.7	Jul 27, 2026	$36,600	7,750	12,781	9.4 mi	66
TN-243752 Landlocked · Off grid	7.6	Jul 17, 2024	$50,900	6,709	14,485	4.9 mi	62

Show adjustment detail for the top comp

Access (Landlocked → Gravel)+47.1%
Utilities (Off grid → Full utilities)+43.5%

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.

Build the listing kit Post a deal or JV