Comparable sales & offer analysis
Parcel TN-615854
Madison County, TN · 34.73 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$306,500
Adjusted value
$317,812
Value range
$260,890–$374,733
Comp $/acre
$9,151/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.6% versus the adjusted value.
Offer position
Max allowable offer
$181,607
Offer $/acre
$5,229/ac
Projected profit
$95,343
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-345393 | 24.9 | Jun 7, 2026 | $189,400 | 7,615 | 10,045 | 77 |
| TN-106925 | 75.5 | Jul 27, 2026 | $418,000 | 5,540 | 8,955 | 74 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 8,978 | 74 |
| TN-904483 | 12.9 | Jul 27, 2026 | $103,200 | 8,022 | 8,361 | 73 |
| TN-627162 | 89.6 | Jul 27, 2026 | $522,600 | 5,834 | 8,444 | 71 |
| TN-396843 | 71.1 | Jul 27, 2026 | $492,500 | 6,927 | 9,055 | 69 |
| TN-486832 | 70.5 | Jun 18, 2025 | $365,200 | 5,177 | 10,905 | 68 |
| TN-907213 | 93.0 | Apr 20, 2025 | $578,000 | 6,219 | 7,837 | 67 |
| TN-827548 | 118.5 | Sep 21, 2024 | $1,306,300 | 11,025 | 12,793 | 63 |
| TN-414600 | 14.0 | Mar 28, 2025 | $64,400 | 4,603 | 6,155 | 63 |
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.