Comparable sales & offer analysis
Parcel TN-904483
Madison County, TN · 12.86 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$123,700
Adjusted value
$106,499
Value range
$85,968–$127,030
Comp $/acre
$8,281/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.2% versus the adjusted value.
Offer position
Max allowable offer
$60,857
Offer $/acre
$4,732/ac
Projected profit
$31,950
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 | 5,952 | 78 |
| TN-403809 | 7.9 | Jul 27, 2026 | $71,900 | 9,116 | 7,485 | 75 |
| TN-345393 | 24.9 | Jun 7, 2026 | $189,400 | 7,615 | 9,713 | 73 |
| TN-614821 | 16.4 | Jun 7, 2024 | $130,500 | 7,945 | 7,582 | 71 |
| TN-455102 | 20.1 | Dec 16, 2024 | $148,900 | 7,395 | 11,440 | 66 |
| TN-782943 | 4.2 | Dec 29, 2025 | $32,600 | 7,714 | 6,278 | 65 |
| TN-713267 | 5.3 | Mar 20, 2025 | $56,600 | 10,623 | 8,715 | 63 |
| TN-615854 | 34.7 | Aug 12, 2024 | $316,000 | 9,099 | 9,590 | 62 |
| TN-672865 | 4.0 | Sep 23, 2025 | $23,800 | 5,987 | 7,932 | 61 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 8,682 | 56 |
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.