Comparable sales & offer analysis
Parcel TN-368313
Henry County, TN · 206 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$801,100
Adjusted value
$653,747
Value range
$525,097–$782,397
Comp $/acre
$3,170/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.5% versus the adjusted value.
Offer position
Max allowable offer
$373,570
Offer $/acre
$1,811/ac
Projected profit
$196,124
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-589522 | 495.1 | Jul 27, 2026 | $1,956,400 | 3,951 | 4,043 | 75 |
| TN-257701 | 132.4 | Feb 26, 2025 | $539,300 | 4,074 | 3,836 | 75 |
| TN-478565 | 247.5 | Jul 1, 2024 | $977,100 | 3,948 | 3,079 | 74 |
| TN-538086 | 175.0 | Dec 7, 2024 | $939,600 | 5,371 | 3,063 | 73 |
| TN-808831 | 300.1 | Feb 1, 2024 | $677,300 | 2,257 | 3,270 | 71 |
| TN-959794 | 603.0 | Jul 27, 2026 | $1,839,500 | 3,051 | 2,716 | 70 |
| TN-867047 | 82.4 | Oct 24, 2025 | $397,700 | 4,825 | 3,110 | 70 |
| TN-519448 | 469.3 | Jul 21, 2025 | $1,546,000 | 3,294 | 2,438 | 66 |
| TN-927580 | 121.3 | Aug 7, 2024 | $755,200 | 6,228 | 3,972 | 66 |
| TN-956732 | 65.6 | Jan 24, 2025 | $254,400 | 3,878 | 2,005 | 66 |
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.
