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Shelby County, TN · Sold

TN-853267

6787 County Road 388

$29,300
$5,497/ac · 5.33 ac
Acreage5.33 ac
Price per acre$5,497/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJul 27, 2024
Coordinates35.1103, -89.9949
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

301 ft of deeded road frontage.

Power1,734 ft away

Service extension needed; get a utility quote.

Buildable area4.58 of 5.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,547
$25,090$44,005 · $6,482/ac on 5.33 ac
Asking vs estimate
-15.2%
Priced below the comp set

Weighted from 10 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 $29,300
Maximum allowable offer
$19,741
$3,704/ac · +30.0% target margin

You need $9,559 off asking to hit this margin.

All-in cost$21,419
Net resale$31,784
Projected profit$10,365
ROI+48.4%
Annualized+69.3%
Break-even resale$4,368/ac
Profit if resale lands off target
-20%
$4,008
-10%
$7,186
0%
$10,365
+10%
$13,543
+20%
$16,721
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-713351
Gravel · Off grid
5.7Oct 18, 2025$46,6008,2128,5238.6 mi
81
TN-533394
Gravel · Power at road
5.8May 7, 2025$42,6007,2946,56210.9 mi
79
TN-143826
Gravel · Power at road
8.0Nov 20, 2025$45,9005,7465,1535.9 mi
75
TN-752583
Dirt · Full utilities
3.3Jul 27, 2026$15,9004,8803,8869.1 mi
75
TN-123843
Paved · Off grid
8.1May 1, 2026$45,7005,6494,96411.6 mi
74
TN-152620
Dirt · Power at road
3.3May 1, 2025$30,0008,9919,1962.0 mi
71
TN-514275
Paved · Full utilities
11.1Nov 15, 2025$108,1009,7746,2462.0 mi
70
TN-494074
Gravel · Off grid
9.6Nov 20, 2023$41,1004,2914,9624.3 mi
67
TN-151748
Dirt · Full utilities
1.8Nov 30, 2023$18,40010,4219,0900.5 mi
64
TN-532138
Gravel · Off grid
2.4Jun 4, 2024$14,2006,0246,39810.1 mi
62
Show adjustment detail for the top comp
  • Market time (10 mo)+3.5%

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.