Comparable sales & offer analysis
Parcel TN-878886
Madison County, TN · 312 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,626,000
Adjusted value
$1,827,804
Value range
$1,456,495–$2,199,114
Comp $/acre
$5,852/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.0% versus the adjusted value.
Offer position
Max allowable offer
$1,044,460
Offer $/acre
$3,344/ac
Projected profit
$548,341
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-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 5,517 | 76 |
| TN-569513 | 491.9 | Jul 27, 2026 | $1,710,000 | 3,476 | 8,186 | 76 |
| TN-529807 | 608.7 | Jul 27, 2026 | $1,931,300 | 3,173 | 4,607 | 74 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 5,563 | 73 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 6,220 | 70 |
| TN-627162 | 89.6 | Jul 27, 2026 | $522,600 | 5,834 | 4,955 | 70 |
| TN-589558 | 508.2 | May 10, 2025 | $1,983,600 | 3,903 | 5,372 | 69 |
| TN-827548 | 118.5 | Sep 21, 2024 | $1,306,300 | 11,025 | 7,508 | 64 |
| TN-907213 | 93.0 | Apr 20, 2025 | $578,000 | 6,219 | 4,599 | 60 |
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.