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Montgomery County, TN · Sold

TN-243752

6007 County Road 77

$59,200
$7,810/ac · 7.58 ac
Acreage7.58 ac
Price per acre$7,810/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMar 13, 2024
Coordinates36.4360, -87.4322
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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

5 items to verify before you offer.

Risk index
75
High risk
Wetlands48.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,838 ft away

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

Buildable area3.72 of 7.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$65,046
$54,003$76,089 · $8,581/ac on 7.58 ac
Asking vs estimate
-9.0%
Priced below 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 $59,200
Maximum allowable offer
$37,169
$4,904/ac · +30.0% target margin

You need $22,031 off asking to hit this margin.

All-in cost$40,328
Net resale$59,842
Projected profit$19,514
ROI+48.4%
Annualized+69.2%
Break-even resale$5,783/ac
Profit if resale lands off target
-20%
$7,545
-10%
$13,529
0%
$19,514
+10%
$25,498
+20%
$31,482
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-993018
Paved · Power at road
4.5Jul 27, 2026$83,10018,6838,9208.4 mi
79
TN-712996
Dirt · Power at road
4.4Jul 27, 2026$63,50014,4919,48710.3 mi
78
TN-253100
Landlocked · Power at road
4.7Jul 27, 2026$36,6007,7506,43712.7 mi
76
TN-964688
Landlocked · Off grid
14.9Jul 27, 2026$121,8008,1618,66011.6 mi
76
TN-602684
Dirt · Power at road
3.5Jun 12, 2026$36,40010,4286,8057.7 mi
71
TN-744797
Paved · Power at road
16.1Apr 23, 2025$268,30016,6139,1704.6 mi
69
TN-194739
Gravel · Full utilities
15.5Mar 22, 2025$277,10017,8919,5414.9 mi
65
TN-984927
Dirt · Power at road
17.7Oct 3, 2025$267,70015,09011,3489.6 mi
63
TN-362518
Gravel · Off grid
3.1Jul 20, 2024$30,9009,9617,0707.3 mi
60
Show adjustment detail for the top comp
  • Tract size (4.45 ac → 7.58 ac)-2.7%
  • 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.