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Sevier County, TN · Sold

TN-649238

1522 County Road 231

$1,287,400
$3,194/ac · 403 ac
Acreage403 ac
Price per acre$3,194/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 17, 2024
Coordinates35.7161, -83.5028
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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

Sevier County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Sevier market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands17.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,517 ft of deeded road frontage.

Power138 ft away

Power at or near the road.

Buildable area316.27 of 403.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,351,655
$994,702$1,708,608 · $3,354/ac on 403 ac
Asking vs estimate
-4.8%
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 $1,287,400
Maximum allowable offer
$772,374
$1,916/ac · +30.0% target margin

You need $515,026 off asking to hit this margin.

All-in cost$838,026
Net resale$1,243,523
Projected profit$405,497
ROI+48.4%
Annualized+69.2%
Break-even resale$2,260/ac
Profit if resale lands off target
-20%
$156,793
-10%
$281,145
0%
$405,497
+10%
$529,849
+20%
$654,202
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-479802
Landlocked · Off grid
606.5Sep 10, 2025$1,629,4002,6874,6988.2 mi
70
TN-288760
Paved · Off grid
285.1Oct 19, 2024$1,222,8004,2893,5763.6 mi
69
TN-446959
Landlocked · Power at road
77.3Apr 15, 2026$189,9002,4562,0154.0 mi
65
TN-436713
Dirt · Off grid
64.7Aug 4, 2025$266,6004,1203,1094.9 mi
60
TN-446792
Landlocked · Off grid
68.5Jan 26, 2025$184,5002,6932,6571.4 mi
58
TN-927213
Gravel · Power at road
93.0May 18, 2025$603,2006,4903,9259.7 mi
57
Show adjustment detail for the top comp
  • Tract size (606.46 ac → 403.05 ac)+13.1%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (11 mo)+3.9%

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.