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Obion County, TN · Sold

TN-779558

2953 County Road 110

$2,321,700
$4,568/ac · 508 ac
Acreage508 ac
Price per acre$4,568/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 23, 2023
Coordinates36.3442, -89.1623
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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

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power216 ft away

Power at or near the road.

Buildable area429.21 of 508.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,984,132
$1,658,827$2,309,437 · $3,904/ac on 508 ac
Asking vs estimate
+17.0%
Priced above 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 $2,321,700
Maximum allowable offer
$1,133,790
$2,231/ac · +30.0% target margin

You need $1,187,910 off asking to hit this margin.

All-in cost$1,230,162
Net resale$1,825,402
Projected profit$595,240
ROI+48.4%
Annualized+69.2%
Break-even resale$2,631/ac
Profit if resale lands off target
-20%
$230,159
-10%
$412,699
0%
$595,240
+10%
$777,780
+20%
$960,320
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-799756
Dirt · Off grid
586.6Jul 27, 2026$1,874,5003,1963,9351.9 mi
88
TN-138928
Paved · Full utilities
322.0Jul 27, 2026$2,015,2006,2593,2712.3 mi
80
TN-589739
Dirt · Off grid
579.4Mar 13, 2025$1,584,2002,7343,5482.6 mi
78
TN-488633
Gravel · Off grid
260.0Mar 11, 2026$1,093,2004,2043,5536.2 mi
76
TN-769734
Paved · Power at road
577.3Mar 5, 2024$3,355,2005,8124,8557.3 mi
75
TN-247934
Dirt · Off grid
156.7Jul 27, 2026$690,0004,4033,7002.4 mi
74
TN-827878
Gravel · Power at road
150.5May 30, 2026$901,3005,9903,6640.3 mi
73
TN-918479
Dirt · Power at road
232.6Oct 23, 2025$858,0003,6893,0326.0 mi
71
TN-359982
Dirt · Off grid
690.9Jan 14, 2024$2,358,5003,4134,8898.7 mi
67
TN-798047
Gravel · Off grid
170.1Jun 8, 2025$1,073,6006,3124,8856.1 mi
61
Show adjustment detail for the top comp
  • Tract size (586.59 ac → 508.21 ac)+4.4%
  • 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.