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Obion County, TN · Sold

TN-359982

7199 County Road 287

$2,303,200
$3,333/ac · 691 ac
Acreage691 ac
Price per acre$3,333/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 31, 2023
Coordinates36.4230, -89.0409
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope14.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,606 ft of deeded road frontage.

Power3,344 ft away

Service extension needed; get a utility quote.

Buildable area521.24 of 690.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,098,243
$1,692,246$2,504,241 · $3,037/ac on 691 ac
Asking vs estimate
+9.8%
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 $2,303,200
Maximum allowable offer
$1,198,996
$1,735/ac · +30.0% target margin

You need $1,104,204 off asking to hit this margin.

All-in cost$1,300,911
Net resale$1,930,384
Projected profit$629,473
ROI+48.4%
Annualized+69.2%
Break-even resale$2,047/ac
Profit if resale lands off target
-20%
$243,396
-10%
$436,435
0%
$629,473
+10%
$822,512
+20%
$1,015,550
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-799756
Dirt · Off grid
586.6Jul 27, 2026$1,874,5003,1963,0468.9 mi
85
TN-589739
Dirt · Off grid
579.4Mar 13, 2025$1,584,2002,7342,74611.3 mi
74
TN-138928
Paved · Full utilities
322.0Jul 27, 2026$2,015,2006,2592,53210.5 mi
70
TN-769734
Paved · Power at road
577.3Mar 5, 2024$3,355,2005,8123,7594.7 mi
70
TN-488633
Gravel · Off grid
260.0Mar 11, 2026$1,093,2004,2042,7515.1 mi
70
TN-779558
Dirt · Power at road
508.2Mar 23, 2024$2,442,4004,8064,0958.7 mi
68
TN-918479
Dirt · Power at road
232.6Oct 23, 2025$858,0003,6892,3474.7 mi
67
Show adjustment detail for the top comp
  • Tract size (586.59 ac → 690.93 ac)-4.9%

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.