← New search
Shelby County, TN · Sold

TN-349552

8115 County Road 172

$1,807,100
$3,571/ac · 506 ac
Acreage506 ac
Price per acre$3,571/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedDec 18, 2024
Coordinates35.2176, -89.8272
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

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

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope9.8%

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.

Power235 ft away

Power at or near the road.

Buildable area431.19 of 506.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,216,916
$1,058,535$1,375,297 · $2,405/ac on 506 ac
Asking vs estimate
+48.5%
Priced above 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 $1,807,100
Maximum allowable offer
$695,381
$1,374/ac · +30.0% target margin

You need $1,111,719 off asking to hit this margin.

All-in cost$754,488
Net resale$1,119,563
Projected profit$365,074
ROI+48.4%
Annualized+69.2%
Break-even resale$1,621/ac
Profit if resale lands off target
-20%
$141,162
-10%
$253,118
0%
$365,074
+10%
$477,031
+20%
$588,987
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-949630
Dirt · Power at road
535.4Jun 28, 2026$985,4001,8401,8835.8 mi
89
TN-749110
Dirt · Power at road
367.4Jul 27, 2026$1,076,6002,9312,6699.0 mi
82
TN-439793
Dirt · Off grid
602.5Mar 15, 2024$936,4001,5542,1241.0 mi
79
TN-739680
Dirt · Off grid
555.2Nov 10, 2025$1,158,1002,0862,6058.2 mi
79
TN-468443
Paved · Full utilities
226.6Jul 27, 2026$1,271,0005,6092,6537.0 mi
76
TN-918709
Gravel · Off grid
274.8Aug 15, 2025$808,0002,9412,5886.2 mi
67
Show adjustment detail for the top comp
  • Tract size (535.42 ac → 506 ac)+1.7%
  • Market time (2 mo)+0.6%

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.