Comparable sales & offer analysis
Parcel TN-149547
Franklin County, TN · 504 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,506,200
Adjusted value
$2,373,163
Value range
$1,973,215–$2,773,110
Comp $/acre
$4,707/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +47.7% versus the adjusted value.
Offer position
Max allowable offer
$1,356,093
Offer $/acre
$2,690/ac
Projected profit
$711,949
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-279466 | 475.4 | May 16, 2026 | $2,690,800 | 5,660 | 5,356 | 82 |
| TN-249663 | 548.4 | Apr 25, 2025 | $1,407,000 | 2,566 | 3,798 | 75 |
| TN-989653 | 544.4 | Oct 26, 2024 | $1,999,200 | 3,672 | 4,032 | 73 |
| TN-878299 | 204.2 | Oct 18, 2024 | $1,454,800 | 7,126 | 5,893 | 65 |
| TN-598281 | 201.5 | Oct 29, 2024 | $933,700 | 4,634 | 4,486 | 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.