Comparable sales & offer analysis
Parcel TN-627162
Madison County, TN · 89.58 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$500,600
Adjusted value
$599,849
Value range
$516,042–$683,656
Comp $/acre
$6,696/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.5% versus the adjusted value.
Offer position
Max allowable offer
$342,771
Offer $/acre
$3,826/ac
Projected profit
$179,955
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 | 6,236 | 83 |
| TN-396843 | 71.1 | Jul 27, 2026 | $492,500 | 6,927 | 6,305 | 82 |
| TN-907213 | 93.0 | Apr 20, 2025 | $578,000 | 6,219 | 5,457 | 79 |
| TN-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 6,546 | 75 |
| TN-486832 | 70.5 | Jun 18, 2025 | $365,200 | 5,177 | 7,594 | 75 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 6,601 | 71 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 7,380 | 71 |
| TN-827548 | 118.5 | Sep 21, 2024 | $1,306,300 | 11,025 | 8,908 | 69 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 6,252 | 67 |
| TN-878886 | 312.3 | Jan 21, 2025 | $1,435,800 | 4,597 | 5,844 | 61 |
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.