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Wayne County, TN · Sold

TN-455478

5353 County Road 208

$77,300
$2,923/ac · 26.45 ac
Acreage26.45 ac
Price per acre$2,923/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 5, 2025
Coordinates35.1718, -87.8764
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope22.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

838 ft of deeded road frontage.

Power2,854 ft away

Service extension needed; get a utility quote.

Buildable area14.81 of 26.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$92,298
$75,724$108,872 · $3,490/ac on 26.45 ac
Asking vs estimate
-16.2%
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 $77,300
Maximum allowable offer
$52,742
$1,994/ac · +30.0% target margin

You need $24,558 off asking to hit this margin.

All-in cost$57,225
Net resale$84,914
Projected profit$27,689
ROI+48.4%
Annualized+69.2%
Break-even resale$2,352/ac
Profit if resale lands off target
-20%
$10,706
-10%
$19,198
0%
$27,689
+10%
$36,181
+20%
$44,672
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-274278
Dirt · Full utilities
11.1Jul 27, 2026$55,6005,0163,1648.3 mi
78
TN-645277
Paved · Full utilities
22.9Aug 27, 2024$195,7008,5574,6075.9 mi
71
TN-834171
Dirt · Power at road
10.3Aug 27, 2025$50,4004,9123,8997.1 mi
66
TN-794386
Gravel · Full utilities
12.0Jan 18, 2025$60,6005,0582,9398.4 mi
65
TN-836258
Paved · Full utilities
46.5May 18, 2024$211,3004,5412,7818.7 mi
62
TN-414193
Landlocked · Full utilities
10.4Aug 1, 2024$42,2004,0463,4792.0 mi
62
Show adjustment detail for the top comp
  • Tract size (11.09 ac → 26.45 ac)-9.7%
  • Utilities (Full utilities → Off grid)-30.3%

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.