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Wayne County, TN · Sold

TN-882010

2368 County Road 197

$14,300
$6,682/ac · 2.14 ac
Acreage2.14 ac
Price per acre$6,682/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedApr 12, 2024
Coordinates35.2301, -87.8096
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

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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands7.6% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

346 ft of deeded road frontage.

Power120 ft away

Power at or near the road.

Buildable area1.88 of 2.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,664
$9,868$13,459 · $5,450/ac on 2.14 ac
Asking vs estimate
+22.6%
Priced above the comp set

Weighted from 7 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 $14,300
Maximum allowable offer
$6,665
$3,114/ac · +30.0% target margin

You need $7,635 off asking to hit this margin.

All-in cost$7,232
Net resale$10,731
Projected profit$3,499
ROI+48.4%
Annualized+69.2%
Break-even resale$3,673/ac
Profit if resale lands off target
-20%
$1,353
-10%
$2,426
0%
$3,499
+10%
$4,572
+20%
$5,645
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-921695
Landlocked · Off grid
1.7Feb 18, 2026$5,1003,0004,5367.0 mi
77
TN-191236
Paved · Off grid
1.2Jul 27, 2026$8,4006,9105,8836.0 mi
76
TN-274278
Dirt · Full utilities
11.1Jul 27, 2026$55,6005,0164,4583.9 mi
69
TN-834171
Dirt · Power at road
10.3Aug 27, 2025$50,4004,9125,4941.9 mi
66
TN-120399
Gravel · Power at road
0.7Oct 27, 2024$5,0007,5336,8653.9 mi
61
TN-340530
Gravel · Full utilities
0.7Apr 6, 2024$6,0008,2066,2685.5 mi
57
TN-414193
Landlocked · Full utilities
10.4Aug 1, 2024$42,2004,0464,9016.6 mi
53
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.1%

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.