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Wayne County, TN · Sold

TN-649188

491 County Road 279

$642,600
$1,653/ac · 389 ac
Acreage389 ac
Price per acre$1,653/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedOct 21, 2023
Coordinates35.1937, -87.8384
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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

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope28.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,386 ft away

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

Buildable area230.20 of 388.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$696,070
$623,897$768,243 · $1,791/ac on 389 ac
Asking vs estimate
-7.7%
Priced below 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 $642,600
Maximum allowable offer
$397,754
$1,023/ac · +30.0% target margin

You need $244,846 off asking to hit this margin.

All-in cost$431,563
Net resale$640,384
Projected profit$208,821
ROI+48.4%
Annualized+69.2%
Break-even resale$1,207/ac
Profit if resale lands off target
-20%
$80,744
-10%
$144,783
0%
$208,821
+10%
$272,860
+20%
$336,898
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-978978
Dirt · Power at road
333.9May 18, 2026$637,8001,9101,8246.8 mi
84
TN-249827
Dirt · Off grid
617.5Mar 29, 2026$886,6001,4361,9503.9 mi
82
TN-499374
Paved · Full utilities
444.8Feb 22, 2026$1,385,6003,1151,9531.6 mi
82
TN-469881
Gravel · Off grid
642.2Jun 4, 2025$768,0001,1961,4621.9 mi
75
TN-836258
Paved · Full utilities
46.5May 18, 2024$211,3004,5411,7036.1 mi
50
Show adjustment detail for the top comp
  • Tract size (333.86 ac → 388.72 ac)-4.4%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.0%

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.