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Shelby County, TN · Sold

TN-949630

791 County Road 28

$1,139,200
$2,128/ac · 535 ac
Acreage535 ac
Price per acre$2,128/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 9, 2025
Coordinates35.2185, -89.9294
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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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

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.

Power136 ft away

Power at or near the road.

Buildable area410.48 of 535.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,466,539
$1,165,314$1,767,764 · $2,739/ac on 535 ac
Asking vs estimate
-22.3%
Priced below 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 $1,139,200
Maximum allowable offer
$838,022
$1,565/ac · +30.0% target margin

You need $301,178 off asking to hit this margin.

All-in cost$909,254
Net resale$1,349,216
Projected profit$439,962
ROI+48.4%
Annualized+69.2%
Break-even resale$1,846/ac
Profit if resale lands off target
-20%
$170,119
-10%
$305,040
0%
$439,962
+10%
$574,884
+20%
$709,805
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-749110
Dirt · Power at road
367.4Jul 27, 2026$1,076,6002,9312,6237.7 mi
87
TN-739680
Dirt · Off grid
555.2Nov 10, 2025$1,158,1002,0862,5612.9 mi
83
TN-349552
Dirt · Power at road
506.0Oct 10, 2025$1,930,0003,8143,8835.8 mi
83
TN-468443
Paved · Full utilities
226.6Jul 27, 2026$1,271,0005,6092,6082.6 mi
74
TN-439793
Dirt · Off grid
602.5Mar 15, 2024$936,4001,5542,0884.7 mi
73
TN-918709
Gravel · Off grid
274.8Aug 15, 2025$808,0002,9412,5448.9 mi
65
Show adjustment detail for the top comp
  • Tract size (367.36 ac → 535.42 ac)-10.7%

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.