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Obion County, TN · Sold

TN-918479

3960 County Road 380

$872,800
$3,753/ac · 233 ac
Acreage233 ac
Price per acre$3,753/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedNov 11, 2024
Coordinates36.3554, -89.0556
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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands36.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power167 ft away

Power at or near the road.

Buildable area140.75 of 232.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,117,060
$924,559$1,309,560 · $4,803/ac on 233 ac
Asking vs estimate
-21.9%
Priced below the comp set

Weighted from 10 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 $872,800
Maximum allowable offer
$638,320
$2,745/ac · +30.0% target margin

You need $234,480 off asking to hit this margin.

All-in cost$692,577
Net resale$1,027,695
Projected profit$335,118
ROI+48.4%
Annualized+69.2%
Break-even resale$3,237/ac
Profit if resale lands off target
-20%
$129,579
-10%
$232,348
0%
$335,118
+10%
$437,887
+20%
$540,657
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-247934
Dirt · Off grid
156.7Jul 27, 2026$690,0004,4034,6553.6 mi
87
TN-138928
Paved · Full utilities
322.0Jul 27, 2026$2,015,2006,2594,1157.0 mi
83
TN-827878
Gravel · Power at road
150.5May 30, 2026$901,3005,9904,6095.8 mi
83
TN-488633
Gravel · Off grid
260.0Mar 11, 2026$1,093,2004,2044,4716.7 mi
79
TN-799756
Dirt · Off grid
586.6Jul 27, 2026$1,874,5003,1964,9515.3 mi
74
TN-798047
Gravel · Off grid
170.1Jun 8, 2025$1,073,6006,3126,1461.4 mi
74
TN-867135
Dirt · Power at road
87.8May 20, 2025$397,0004,5203,6804.6 mi
72
TN-589739
Dirt · Off grid
579.4Mar 13, 2025$1,584,2002,7344,4648.3 mi
67
TN-779558
Dirt · Power at road
508.2Mar 23, 2024$2,442,4004,8066,6566.0 mi
64
TN-237043
Gravel · Off grid
82.2Aug 9, 2024$451,2005,4904,5906.9 mi
62
Show adjustment detail for the top comp
  • Tract size (156.71 ac → 232.58 ac)-10.3%
  • Utilities (Off grid → Power at road)+17.6%

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.