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Shelby County, TN · Sold

TN-749110

139 County Road 115

$1,213,700
$3,304/ac · 367 ac
Acreage367 ac
Price per acre$3,304/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 25, 2025
Coordinates35.1082, -89.9141
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

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands25.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

3,542 ft of deeded road frontage.

Power98 ft away

Power at or near the road.

Buildable area258.60 of 367.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,063,158
$795,283$1,331,033 · $2,894/ac on 367 ac
Asking vs estimate
+14.2%
Priced above 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 $1,213,700
Maximum allowable offer
$607,519
$1,654/ac · +30.0% target margin

You need $606,181 off asking to hit this margin.

All-in cost$659,158
Net resale$978,105
Projected profit$318,947
ROI+48.4%
Annualized+69.2%
Break-even resale$1,950/ac
Profit if resale lands off target
-20%
$123,326
-10%
$221,137
0%
$318,947
+10%
$416,758
+20%
$514,568
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-949630
Dirt · Power at road
535.4Jun 28, 2026$985,4001,8402,0727.7 mi
86
TN-349552
Dirt · Power at road
506.0Oct 10, 2025$1,930,0003,8144,3479.0 mi
76
TN-468443
Paved · Full utilities
226.6Jul 27, 2026$1,271,0005,6092,92010.3 mi
75
TN-739680
Dirt · Off grid
555.2Nov 10, 2025$1,158,1002,0862,8676.7 mi
74
TN-918709
Gravel · Off grid
274.8Aug 15, 2025$808,0002,9412,8485.8 mi
72
TN-439793
Dirt · Off grid
602.5Mar 15, 2024$936,4001,5542,3378.7 mi
64
Show adjustment detail for the top comp
  • Tract size (535.42 ac → 367.36 ac)+11.9%
  • Market time (2 mo)+0.6%

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.