Comparable sales & offer analysis
Parcel TN-312418
Cumberland County, TN · 2.88 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,900
Adjusted value
$24,975
Value range
$20,755–$29,195
Comp $/acre
$8,672/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.3% versus the adjusted value.
Offer position
Max allowable offer
$14,271
Offer $/acre
$4,955/ac
Projected profit
$7,492
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| TN-431928 | 2.0 | Jul 27, 2026 | $19,000 | 9,386 | 9,380 | 85 |
| TN-472054 | 2.2 | May 5, 2026 | $11,100 | 5,014 | 9,092 | 78 |
| TN-584100 | 9.8 | Jul 27, 2026 | $51,100 | 5,244 | 6,852 | 74 |
| TN-300847 | 0.9 | Jul 27, 2026 | $7,700 | 8,341 | 10,056 | 70 |
| TN-853539 | 6.5 | Jun 14, 2026 | $38,900 | 5,987 | 8,998 | 70 |
| TN-332031 | 2.2 | Mar 30, 2024 | $12,500 | 5,716 | 7,297 | 69 |
| TN-950827 | 0.9 | May 18, 2026 | $4,400 | 4,796 | 7,972 | 68 |
| TN-623445 | 6.1 | May 15, 2025 | $42,000 | 6,934 | 10,848 | 68 |
| TN-501411 | 1.4 | May 20, 2025 | $9,100 | 6,575 | 10,076 | 67 |
| TN-573245 | 5.3 | Oct 20, 2024 | $23,300 | 4,444 | 5,999 | 66 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.