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Wayne County, TN · Sold

TN-249827

6054 County Road 3

$1,021,400
$1,654/ac · 618 ac
Acreage618 ac
Price per acre$1,654/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 6, 2025
Coordinates35.2019, -87.7705
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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
34
Moderate risk
Wetlands24.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

5,172 ft of deeded road frontage.

Power11,114 ft away

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

Buildable area441.76 of 617.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$802,763
$718,791$886,735 · $1,300/ac on 618 ac
Asking vs estimate
+27.2%
Priced above the comp set

Weighted from 4 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 $1,021,400
Maximum allowable offer
$458,722
$743/ac · +30.0% target margin

You need $562,678 off asking to hit this margin.

All-in cost$497,713
Net resale$738,542
Projected profit$240,828
ROI+48.4%
Annualized+69.2%
Break-even resale$876/ac
Profit if resale lands off target
-20%
$93,120
-10%
$166,974
0%
$240,828
+10%
$314,683
+20%
$388,537
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-978978
Dirt · Power at road
333.9May 18, 2026$637,8001,9101,3644.6 mi
82
TN-469881
Gravel · Off grid
642.2Jun 4, 2025$768,0001,1961,0932.9 mi
80
TN-499374
Paved · Full utilities
444.8Feb 22, 2026$1,385,6003,1151,4614.3 mi
77
TN-649188
Gravel · Off grid
388.7Oct 10, 2024$619,5001,5941,2853.9 mi
73
Show adjustment detail for the top comp
  • Tract size (333.86 ac → 617.55 ac)-16.8%
  • 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.