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Shelby County, TN · Sold

TN-439793

4910 County Road 40

$1,128,200
$1,872/ac · 603 ac
Acreage603 ac
Price per acre$1,872/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJan 30, 2024
Coordinates35.2207, -89.8453
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,685 ft of deeded road frontage.

Power11,310 ft away

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

Buildable area544.35 of 602.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,328,062
$1,017,835$1,638,289 · $2,204/ac on 603 ac
Asking vs estimate
-15.0%
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 $1,128,200
Maximum allowable offer
$758,893
$1,260/ac · +30.0% target margin

You need $369,307 off asking to hit this margin.

All-in cost$823,399
Net resale$1,221,817
Projected profit$398,418
ROI+48.4%
Annualized+69.2%
Break-even resale$1,485/ac
Profit if resale lands off target
-20%
$154,055
-10%
$276,236
0%
$398,418
+10%
$520,600
+20%
$642,782
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-349552
Dirt · Power at road
506.0Oct 10, 2025$1,930,0003,8143,1841.0 mi
86
TN-949630
Dirt · Power at road
535.4Jun 28, 2026$985,4001,8401,5184.7 mi
86
TN-739680
Dirt · Off grid
555.2Nov 10, 2025$1,158,1002,0862,1007.3 mi
82
TN-749110
Dirt · Power at road
367.4Jul 27, 2026$1,076,6002,9312,1518.7 mi
78
TN-468443
Paved · Full utilities
226.6Jul 27, 2026$1,271,0005,6092,1395.9 mi
75
TN-918709
Gravel · Off grid
274.8Aug 15, 2025$808,0002,9412,0866.6 mi
67
Show adjustment detail for the top comp
  • Tract size (506 ac → 602.52 ac)-5.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (10 mo)+3.6%

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.