Comparable sales & offer analysis
Parcel TN-923632
Henry County, TN · 6.94 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$51,400
Adjusted value
$38,042
Value range
$33,515–$42,569
Comp $/acre
$5,482/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +35.1% versus the adjusted value.
Offer position
Max allowable offer
$21,738
Offer $/acre
$3,132/ac
Projected profit
$11,413
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-604239 | 10.8 | Sep 4, 2025 | $49,800 | 4,617 | 4,981 | 78 |
| TN-593610 | 6.8 | May 6, 2024 | $51,300 | 7,509 | 6,021 | 78 |
| TN-644176 | 10.3 | Apr 15, 2026 | $70,200 | 6,813 | 4,976 | 76 |
| TN-442258 | 2.6 | Jul 27, 2026 | $15,900 | 6,191 | 5,094 | 76 |
| TN-394061 | 9.5 | Apr 30, 2025 | $53,700 | 5,664 | 5,213 | 74 |
| TN-802487 | 3.0 | Jun 30, 2025 | $27,800 | 9,182 | 6,798 | 64 |
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.