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Wayne County, TN · Sold

TN-978978

9279 County Road 348

$671,400
$2,011/ac · 334 ac
Acreage334 ac
Price per acre$2,011/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 10, 2025
Coordinates35.2683, -87.7587
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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

Wayne County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands22.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,397 ft of deeded road frontage.

Power244 ft away

Power at or near the road.

Buildable area245.80 of 333.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$626,039
$561,186$690,892 · $1,875/ac on 334 ac
Asking vs estimate
+7.2%
Priced above the comp set

Weighted from 5 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 $671,400
Maximum allowable offer
$357,736
$1,072/ac · +30.0% target margin

You need $313,664 off asking to hit this margin.

All-in cost$388,144
Net resale$575,955
Projected profit$187,812
ROI+48.4%
Annualized+69.3%
Break-even resale$1,264/ac
Profit if resale lands off target
-20%
$72,621
-10%
$130,216
0%
$187,812
+10%
$245,407
+20%
$303,003
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-249827
Dirt · Off grid
617.5Mar 29, 2026$886,6001,4362,0644.6 mi
81
TN-499374
Paved · Full utilities
444.8Feb 22, 2026$1,385,6003,1152,0678.1 mi
75
TN-649188
Gravel · Off grid
388.7Oct 10, 2024$619,5001,5941,8176.8 mi
75
TN-469881
Gravel · Off grid
642.2Jun 4, 2025$768,0001,1961,5477.0 mi
65
TN-836258
Paved · Full utilities
46.5May 18, 2024$211,3004,5411,8030.8 mi
54
Show adjustment detail for the top comp
  • Tract size (617.55 ac → 333.86 ac)+20.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (5 mo)+1.6%

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.