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Obion County, TN · Sold

TN-603931

6311 County Road 231

$100,100
$11,613/ac · 8.62 ac
Acreage8.62 ac
Price per acre$11,613/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 8, 2023
Coordinates36.2996, -89.2367
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

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

View Obion market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

292 ft of deeded road frontage.

Power54 ft away

Power at or near the road.

Buildable area7.61 of 8.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$97,758
$85,696$109,820 · $11,341/ac on 8.62 ac
Asking vs estimate
+2.4%
In line with 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 $100,100
Maximum allowable offer
$55,862
$6,480/ac · +30.0% target margin

You need $44,238 off asking to hit this margin.

All-in cost$60,610
Net resale$89,937
Projected profit$29,327
ROI+48.4%
Annualized+69.2%
Break-even resale$7,643/ac
Profit if resale lands off target
-20%
$11,340
-10%
$20,333
0%
$29,327
+10%
$38,321
+20%
$47,315
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-603506
Gravel · Full utilities
6.3Jul 27, 2026$100,50015,85412,77310.0 mi
80
TN-253154
Gravel · Power at road
4.9Jul 27, 2026$50,20010,2239,9208.8 mi
79
TN-384538
Dirt · Off grid
13.4Jul 1, 2026$115,1008,59812,2724.8 mi
78
TN-594527
Dirt · Power at road
13.3Jan 24, 2026$106,5008,0219,89910.6 mi
77
TN-393640
Gravel · Power at road
7.0Jun 17, 2024$61,1008,7589,4229.1 mi
72
TN-145226
Gravel · Power at road
22.0Jan 14, 2026$215,1009,75810,9997.9 mi
70
TN-573286
Dirt · Off grid
5.4Apr 6, 2024$48,4008,96613,11112.2 mi
65
TN-372805
Gravel · Power at road
3.8Jun 21, 2024$46,30012,14512,69113.8 mi
61
Show adjustment detail for the top comp
  • Tract size (6.34 ac → 8.62 ac)-1.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.