Comparable sales & offer analysis
Parcel TN-827548
Madison County, TN · 118 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,216,300
Adjusted value
$1,025,236
Value range
$924,576–$1,125,897
Comp $/acre
$8,653/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.6% versus the adjusted value.
Offer position
Max allowable offer
$585,849
Offer $/acre
$4,944/ac
Projected profit
$307,571
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 | 8,793 | 80 |
| TN-627162 | 89.6 | Jul 27, 2026 | $522,600 | 5,834 | 7,898 | 79 |
| TN-106925 | 75.5 | Jul 27, 2026 | $418,000 | 5,540 | 8,376 | 79 |
| TN-907213 | 93.0 | Apr 20, 2025 | $578,000 | 6,219 | 7,330 | 79 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 8,866 | 78 |
| TN-396843 | 71.1 | Jul 27, 2026 | $492,500 | 6,927 | 8,470 | 75 |
| TN-486832 | 70.5 | Jun 18, 2025 | $365,200 | 5,177 | 10,200 | 68 |
| TN-878886 | 312.3 | Jan 21, 2025 | $1,435,800 | 4,597 | 7,850 | 65 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 9,914 | 63 |
| TN-615854 | 34.7 | Aug 12, 2024 | $316,000 | 9,099 | 9,277 | 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.