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Obion County, TN · Sold

TN-488633

1703 County Road 203

$1,098,700
$4,225/ac · 260 ac
Acreage260 ac
Price per acre$4,225/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 12, 2025
Coordinates36.4310, -89.1322
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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

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

1 item to verify before you offer.

Risk index
18
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,786 ft of deeded road frontage.

Power11,842 ft away

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

Buildable area222.57 of 260.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,220,376
$979,630$1,461,122 · $4,693/ac on 260 ac
Asking vs estimate
-10.0%
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 $1,098,700
Maximum allowable offer
$697,358
$2,682/ac · +30.0% target margin

You need $401,342 off asking to hit this margin.

All-in cost$756,633
Net resale$1,122,746
Projected profit$366,113
ROI+48.4%
Annualized+69.2%
Break-even resale$3,163/ac
Profit if resale lands off target
-20%
$141,564
-10%
$253,838
0%
$366,113
+10%
$478,388
+20%
$590,662
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-138928
Paved · Full utilities
322.0Jul 27, 2026$2,015,2006,2593,9408.5 mi
80
TN-247934
Dirt · Off grid
156.7Jul 27, 2026$690,0004,4034,4575.7 mi
79
TN-827878
Gravel · Power at road
150.5May 30, 2026$901,3005,9904,4135.9 mi
77
TN-918479
Dirt · Power at road
232.6Oct 23, 2025$858,0003,6893,6526.7 mi
76
TN-798047
Gravel · Off grid
170.1Jun 8, 2025$1,073,6006,3125,8855.6 mi
74
TN-799756
Dirt · Off grid
586.6Jul 27, 2026$1,874,5003,1964,7417.5 mi
73
TN-769734
Paved · Power at road
577.3Mar 5, 2024$3,355,2005,8125,8491.1 mi
67
TN-779558
Dirt · Power at road
508.2Mar 23, 2024$2,442,4004,8066,3736.2 mi
66
TN-589739
Dirt · Off grid
579.4Mar 13, 2025$1,584,2002,7344,2748.4 mi
63
TN-867135
Dirt · Power at road
87.8May 20, 2025$397,0004,5203,5233.0 mi
63
Show adjustment detail for the top comp
  • Tract size (321.98 ac → 260.03 ac)+6.4%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.