Comparable sales & offer analysis
Parcel TN-569513
Madison County, TN · 492 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,586,300
Adjusted value
$1,122,635
Value range
$1,014,339–$1,230,930
Comp $/acre
$2,282/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +41.3% versus the adjusted value.
Offer position
Max allowable offer
$641,506
Offer $/acre
$1,304/ac
Projected profit
$336,790
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-529807 | 608.7 | Jul 27, 2026 | $1,931,300 | 3,173 | 1,972 | 84 |
| TN-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 2,361 | 73 |
| TN-589558 | 508.2 | May 10, 2025 | $1,983,600 | 3,903 | 2,299 | 73 |
| TN-878886 | 312.3 | Jan 21, 2025 | $1,435,800 | 4,597 | 2,108 | 66 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 2,662 | 64 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 2,381 | 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.