Comparable sales & offer analysis
Parcel TN-394061
Henry County, TN · 9.48 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$62,000
Adjusted value
$66,208
Value range
$53,838–$78,578
Comp $/acre
$6,984/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.4% versus the adjusted value.
Offer position
Max allowable offer
$37,833
Offer $/acre
$3,991/ac
Projected profit
$19,862
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-644176 | 10.3 | Apr 15, 2026 | $70,200 | 6,813 | 5,731 | 82 |
| TN-604239 | 10.8 | Sep 4, 2025 | $49,800 | 4,617 | 5,737 | 78 |
| TN-923632 | 6.9 | Nov 26, 2024 | $50,800 | 7,325 | 9,092 | 72 |
| TN-593610 | 6.8 | May 6, 2024 | $51,300 | 7,509 | 6,934 | 67 |
| TN-802487 | 3.0 | Jun 30, 2025 | $27,800 | 9,182 | 7,829 | 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.
