Comparable sales & offer analysis
Parcel TN-878299
Franklin County, TN · 204 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,560,900
Adjusted value
$1,344,450
Value range
$999,700–$1,689,200
Comp $/acre
$6,586/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.1% versus the adjusted value.
Offer position
Max allowable offer
$768,257
Offer $/acre
$3,763/ac
Projected profit
$403,335
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-598281 | 201.5 | Oct 29, 2024 | $933,700 | 4,634 | 5,872 | 81 |
| TN-279466 | 475.4 | May 16, 2026 | $2,690,800 | 5,660 | 7,011 | 69 |
| TN-149547 | 504.2 | May 20, 2025 | $3,695,500 | 7,330 | 10,094 | 67 |
| TN-166867 | 72.3 | Feb 18, 2026 | $415,100 | 5,737 | 6,180 | 66 |
| TN-249663 | 548.4 | Apr 25, 2025 | $1,407,000 | 2,566 | 4,971 | 63 |
| TN-989653 | 544.4 | Oct 26, 2024 | $1,999,200 | 3,672 | 5,276 | 61 |
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.