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Wayne County, TN · Sold

TN-499374

3090 County Road 74

$1,416,800
$3,185/ac · 445 ac
Acreage445 ac
Price per acre$3,185/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedMay 1, 2025
Coordinates35.1704, -87.8365
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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
47
Moderate risk
Wetlands38.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area261.98 of 444.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,256,503
$1,137,358$1,375,648 · $2,825/ac on 445 ac
Asking vs estimate
+12.8%
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 $1,416,800
Maximum allowable offer
$718,002
$1,614/ac · +30.0% target margin

You need $698,798 off asking to hit this margin.

All-in cost$779,032
Net resale$1,155,983
Projected profit$376,950
ROI+48.4%
Annualized+69.2%
Break-even resale$1,904/ac
Profit if resale lands off target
-20%
$145,754
-10%
$261,352
0%
$376,950
+10%
$492,549
+20%
$608,147
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-249827
Dirt · Off grid
617.5Mar 29, 2026$886,6001,4363,1724.3 mi
78
TN-978978
Dirt · Power at road
333.9May 18, 2026$637,8001,9102,9678.1 mi
77
TN-649188
Gravel · Off grid
388.7Oct 10, 2024$619,5001,5942,7941.6 mi
74
TN-469881
Gravel · Off grid
642.2Jun 4, 2025$768,0001,1962,3781.5 mi
73
TN-836258
Paved · Full utilities
46.5May 18, 2024$211,3004,5412,7717.3 mi
57
Show adjustment detail for the top comp
  • Tract size (617.55 ac → 444.79 ac)+10.4%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.