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Shelby County, TN · Sold

TN-468443

3621 County Road 36

$1,505,900
$6,646/ac · 227 ac
Acreage227 ac
Price per acre$6,646/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedJan 31, 2026
Coordinates35.2550, -89.9416
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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
37
Moderate risk
Wetlands36.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,418 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area137.34 of 226.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,316,391
$998,762$1,634,021 · $5,810/ac on 227 ac
Asking vs estimate
+14.4%
Priced above the comp set

Weighted from 7 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 $1,505,900
Maximum allowable offer
$752,223
$3,320/ac · +30.0% target margin

You need $753,677 off asking to hit this margin.

All-in cost$816,162
Net resale$1,211,080
Projected profit$394,918
ROI+48.4%
Annualized+69.2%
Break-even resale$3,915/ac
Profit if resale lands off target
-20%
$152,702
-10%
$273,810
0%
$394,918
+10%
$516,026
+20%
$637,134
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-749110
Dirt · Power at road
367.4Jul 27, 2026$1,076,6002,9315,65510.3 mi
75
TN-949630
Dirt · Power at road
535.4Jun 28, 2026$985,4001,8403,9892.6 mi
73
TN-918709
Gravel · Off grid
274.8Aug 15, 2025$808,0002,9415,48411.3 mi
71
TN-349552
Dirt · Power at road
506.0Oct 10, 2025$1,930,0003,8148,3707.0 mi
70
TN-739680
Dirt · Off grid
555.2Nov 10, 2025$1,158,1002,0865,5194.6 mi
66
TN-457314
Dirt · Off grid
100.0Dec 18, 2024$425,1004,2507,2038.7 mi
64
TN-439793
Dirt · Off grid
602.5Mar 15, 2024$936,4001,5544,5005.9 mi
62
Show adjustment detail for the top comp
  • Tract size (367.36 ac → 226.59 ac)+15.0%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Full utilities)+22.0%

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.