Comparable sales & offer analysis
Parcel TN-904483
Madison County, TN · 12.86 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$123,700
Adjusted value
$105,928
Value range
$85,513–$126,343
Comp $/acre
$8,237/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.8% versus the adjusted value.
Offer position
Max allowable offer
$60,530
Offer $/acre
$4,707/ac
Projected profit
$31,778
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-414600 | 14.0 | Mar 28, 2025 | $64,400 | 4,603 | 5,921 | 79 |
| TN-403809 | 7.9 | Jul 27, 2026 | $71,900 | 9,116 | 7,443 | 77 |
| TN-345393 | 24.9 | Jun 7, 2026 | $189,400 | 7,615 | 9,660 | 74 |
| TN-614821 | 16.4 | Jun 7, 2024 | $130,500 | 7,945 | 7,543 | 72 |
| TN-455102 | 20.1 | Dec 16, 2024 | $148,900 | 7,395 | 11,381 | 66 |
| TN-782943 | 4.2 | Dec 29, 2025 | $32,600 | 7,714 | 6,244 | 66 |
| TN-713267 | 5.3 | Mar 20, 2025 | $56,600 | 10,623 | 8,669 | 64 |
| TN-615854 | 34.7 | Aug 12, 2024 | $316,000 | 9,099 | 9,541 | 63 |
| TN-672865 | 4.0 | Sep 23, 2025 | $23,800 | 5,987 | 7,889 | 62 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 8,637 | 57 |
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.