Comparable sales & offer analysis
Parcel TN-589558
Madison County, TN · 508 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,243,900
Adjusted value
$2,293,982
Value range
$1,819,151–$2,768,814
Comp $/acre
$4,514/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.2% versus the adjusted value.
Offer position
Max allowable offer
$1,310,847
Offer $/acre
$2,579/ac
Projected profit
$688,195
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-569513 | 491.9 | Jul 27, 2026 | $1,710,000 | 3,476 | 6,297 | 81 |
| TN-529807 | 608.7 | Jul 27, 2026 | $1,931,300 | 3,173 | 3,544 | 77 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 4,280 | 74 |
| TN-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 4,244 | 73 |
| TN-878886 | 312.3 | Jan 21, 2025 | $1,435,800 | 4,597 | 3,789 | 68 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 4,785 | 62 |
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.