Comparable sales & offer analysis
Parcel TN-782943
Madison County, TN · 4.22 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,300
Adjusted value
$41,124
Value range
$34,418–$47,830
Comp $/acre
$9,745/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.9% versus the adjusted value.
Offer position
Max allowable offer
$23,500
Offer $/acre
$5,569/ac
Projected profit
$12,337
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-403809 | 7.9 | Jul 27, 2026 | $71,900 | 9,116 | 9,439 | 80 |
| TN-713267 | 5.3 | Mar 20, 2025 | $56,600 | 10,623 | 10,994 | 77 |
| TN-672865 | 4.0 | Sep 23, 2025 | $23,800 | 5,987 | 10,005 | 76 |
| TN-462453 | 3.0 | Dec 13, 2024 | $15,000 | 5,072 | 7,446 | 73 |
| TN-904483 | 12.9 | Jul 27, 2026 | $103,200 | 8,022 | 10,196 | 71 |
| TN-142332 | 2.7 | Jun 12, 2025 | $19,900 | 7,354 | 12,280 | 70 |
| TN-414600 | 14.0 | Mar 28, 2025 | $64,400 | 4,603 | 7,508 | 59 |
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.