Comparable sales & offer analysis
Parcel TN-604239
Henry County, TN · 10.78 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$51,200
Adjusted value
$62,449
Value range
$52,753–$72,144
Comp $/acre
$5,793/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.0% versus the adjusted value.
Offer position
Max allowable offer
$35,685
Offer $/acre
$3,310/ac
Projected profit
$18,735
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 | 4,821 | 86 |
| TN-394061 | 9.5 | Apr 30, 2025 | $53,700 | 5,664 | 5,050 | 77 |
| TN-923632 | 6.9 | Nov 26, 2024 | $50,800 | 7,325 | 7,649 | 75 |
| TN-442258 | 2.6 | Jul 27, 2026 | $15,900 | 6,191 | 4,935 | 68 |
| TN-593610 | 6.8 | May 6, 2024 | $51,300 | 7,509 | 5,833 | 66 |
| TN-802487 | 3.0 | Jun 30, 2025 | $27,800 | 9,182 | 6,586 | 62 |
| TN-736596 | 59.5 | Mar 19, 2025 | $279,700 | 4,705 | 5,476 | 58 |
| TN-236324 | 48.8 | Dec 21, 2024 | $450,200 | 9,221 | 6,214 | 56 |
| TN-526533 | 56.8 | Mar 21, 2024 | $394,000 | 6,936 | 5,857 | 53 |
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.