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Shelby County, TN · Sold

TN-980246

3667 County Road 321

$5,100
$8,500/ac · 0.60 ac
Acreage0.60 ac
Price per acre$8,500/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedNov 1, 2023
Coordinates35.2265, -89.8612
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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

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

View Shelby market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands19.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

82 ft of deeded road frontage.

Power218 ft away

Power at or near the road.

Buildable area0.46 of 0.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,963
$3,618$6,308 · $8,272/ac on 0.60 ac
Asking vs estimate
+2.8%
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 $5,100
Maximum allowable offer
$2,836
$4,727/ac · +30.0% target margin

You need $2,264 off asking to hit this margin.

All-in cost$3,077
Net resale$4,566
Projected profit$1,489
ROI+48.4%
Annualized+69.3%
Break-even resale$5,574/ac
Profit if resale lands off target
-20%
$576
-10%
$1,032
0%
$1,489
+10%
$1,946
+20%
$2,402
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-520601
Dirt · Power at road
0.8Jul 27, 2026$5,7007,4038,6434.5 mi
88
TN-940019
Gravel · Power at road
0.5Jul 25, 2025$3,3006,4936,77511.1 mi
77
TN-752583
Dirt · Full utilities
3.3Jul 27, 2026$15,9004,8804,7873.3 mi
67
TN-152620
Dirt · Power at road
3.3May 1, 2025$30,0008,99111,32810.3 mi
60
TN-532138
Gravel · Off grid
2.4Jun 4, 2024$14,2006,0247,8815.9 mi
57
TN-151748
Dirt · Full utilities
1.8Nov 30, 2023$18,40010,42111,19710.5 mi
53
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%

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.