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Obion County, TN · Sold

TN-966421

1489 County Road 220

$401,600
$7,669/ac · 52.37 ac
Acreage52.37 ac
Price per acre$7,669/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJul 18, 2024
Coordinates36.3793, -89.1147
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
26
Low risk
Wetlands24.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,592 ft of deeded road frontage.

Power167 ft away

Power at or near the road.

Buildable area37.46 of 52.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$422,482
$357,561$487,404 · $8,067/ac on 52.37 ac
Asking vs estimate
-4.9%
In line with the comp set

Weighted from 6 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 $401,600
Maximum allowable offer
$241,418
$4,610/ac · +30.0% target margin

You need $160,182 off asking to hit this margin.

All-in cost$261,939
Net resale$388,684
Projected profit$126,745
ROI+48.4%
Annualized+69.3%
Break-even resale$5,437/ac
Profit if resale lands off target
-20%
$49,008
-10%
$87,877
0%
$126,745
+10%
$165,614
+20%
$204,482
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-827878
Gravel · Power at road
150.5May 30, 2026$901,3005,9907,7673.3 mi
75
TN-867135
Dirt · Power at road
87.8May 20, 2025$397,0004,5206,2000.9 mi
74
TN-247934
Dirt · Off grid
156.7Jul 27, 2026$690,0004,4037,8432.1 mi
72
TN-145226
Gravel · Power at road
22.0Jan 14, 2026$215,1009,7588,6316.5 mi
71
TN-798047
Gravel · Off grid
170.1Jun 8, 2025$1,073,6006,31210,3573.1 mi
69
TN-237043
Gravel · Off grid
82.2Aug 9, 2024$451,2005,4907,7345.4 mi
68
Show adjustment detail for the top comp
  • Tract size (150.48 ac → 52.37 ac)+28.5%
  • Market time (3 mo)+0.9%

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.