Comparable sales & offer analysis
Parcel TN-478565
Henry County, TN · 248 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$979,100
Adjusted value
$1,197,948
Value range
$990,716–$1,405,179
Comp $/acre
$4,840/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.3% versus the adjusted value.
Offer position
Max allowable offer
$684,542
Offer $/acre
$2,765/ac
Projected profit
$359,384
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-368313 | 206.2 | Jun 23, 2026 | $833,100 | 4,040 | 5,677 | 86 |
| TN-538086 | 175.0 | Dec 7, 2024 | $939,600 | 5,371 | 4,279 | 77 |
| TN-589522 | 495.1 | Jul 27, 2026 | $1,956,400 | 3,951 | 5,647 | 77 |
| TN-959794 | 603.0 | Jul 27, 2026 | $1,839,500 | 3,051 | 3,794 | 76 |
| TN-519448 | 469.3 | Jul 21, 2025 | $1,546,000 | 3,294 | 3,405 | 71 |
| TN-808831 | 300.1 | Feb 1, 2024 | $677,300 | 2,257 | 4,567 | 66 |
| TN-257701 | 132.4 | Feb 26, 2025 | $539,300 | 4,074 | 5,358 | 65 |
| TN-927580 | 121.3 | Aug 7, 2024 | $755,200 | 6,228 | 5,548 | 64 |
| TN-867047 | 82.4 | Oct 24, 2025 | $397,700 | 4,825 | 4,344 | 63 |
| TN-519865 | 634.8 | Aug 19, 2024 | $1,756,400 | 2,767 | 5,831 | 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.