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Shelby County, TN · Sold

TN-494074

2046 County Road 157

$49,600
$5,183/ac · 9.57 ac
Acreage9.57 ac
Price per acre$5,183/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedSep 20, 2023
Coordinates35.1725, -89.9866
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

5 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands14.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.2%

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.

Power11,884 ft away

A long utility run — price in solar/off-grid instead.

Buildable area7.74 of 9.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$56,871
$42,613$71,129 · $5,943/ac on 9.57 ac
Asking vs estimate
-12.8%
Priced below the comp set

Weighted from 9 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 $49,600
Maximum allowable offer
$32,498
$3,396/ac · +30.0% target margin

You need $17,102 off asking to hit this margin.

All-in cost$35,260
Net resale$52,321
Projected profit$17,061
ROI+48.4%
Annualized+69.2%
Break-even resale$4,005/ac
Profit if resale lands off target
-20%
$6,597
-10%
$11,829
0%
$17,061
+10%
$22,293
+20%
$27,525
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-143826
Gravel · Power at road
8.0Nov 20, 2025$45,9005,7464,9691.6 mi
86
TN-123843
Paved · Off grid
8.1May 1, 2026$45,7005,6494,7877.3 mi
82
TN-514275
Paved · Full utilities
11.1Nov 15, 2025$108,1009,7746,0233.6 mi
79
TN-713351
Gravel · Off grid
5.7Oct 18, 2025$46,6008,2128,2195.2 mi
75
TN-533394
Gravel · Power at road
5.8May 7, 2025$42,6007,2946,3286.6 mi
71
TN-135483
Landlocked · Full utilities
26.6Jul 14, 2026$130,8004,9255,6786.3 mi
70
TN-853267
Gravel · Off grid
5.3Sep 29, 2024$27,8005,2175,4284.3 mi
70
TN-752583
Dirt · Full utilities
3.3Jul 27, 2026$15,9004,8803,7487.3 mi
69
TN-152620
Dirt · Power at road
3.3May 1, 2025$30,0008,9918,8695.1 mi
61
Show adjustment detail for the top comp
  • Tract size (7.99 ac → 9.57 ac)-1.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.1%

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.