Comparable sales & offer analysis
Parcel TN-486832
Madison County, TN · 70.54 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$418,800
Adjusted value
$332,671
Value range
$289,494–$375,848
Comp $/acre
$4,716/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.9% versus the adjusted value.
Offer position
Max allowable offer
$190,098
Offer $/acre
$2,695/ac
Projected profit
$99,801
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-106925 | 75.5 | Jul 27, 2026 | $418,000 | 5,540 | 4,482 | 86 |
| TN-396843 | 71.1 | Jul 27, 2026 | $492,500 | 6,927 | 4,532 | 83 |
| TN-627162 | 89.6 | Jul 27, 2026 | $522,600 | 5,834 | 4,226 | 83 |
| TN-907213 | 93.0 | Apr 20, 2025 | $578,000 | 6,219 | 3,923 | 73 |
| TN-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 4,706 | 72 |
| TN-345393 | 24.9 | Jun 7, 2026 | $189,400 | 7,615 | 5,028 | 71 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 4,494 | 69 |
| TN-827548 | 118.5 | Sep 21, 2024 | $1,306,300 | 11,025 | 6,404 | 65 |
| TN-615854 | 34.7 | Aug 12, 2024 | $316,000 | 9,099 | 4,964 | 65 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 4,745 | 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.