Comparable sales & offer analysis
Parcel TN-907213
Madison County, TN · 92.95 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$627,600
Adjusted value
$768,554
Value range
$671,625–$865,483
Comp $/acre
$8,268/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.3% versus the adjusted value.
Offer position
Max allowable offer
$439,174
Offer $/acre
$4,725/ac
Projected profit
$230,566
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-627162 | 89.6 | Jul 27, 2026 | $522,600 | 5,834 | 7,110 | 88 |
| TN-106925 | 75.5 | Jul 27, 2026 | $418,000 | 5,540 | 7,540 | 82 |
| TN-396843 | 71.1 | Jul 27, 2026 | $492,500 | 6,927 | 7,625 | 80 |
| TN-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 7,916 | 78 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 7,981 | 77 |
| TN-827548 | 118.5 | Sep 21, 2024 | $1,306,300 | 11,025 | 10,772 | 77 |
| TN-486832 | 70.5 | Jun 18, 2025 | $365,200 | 5,177 | 9,182 | 74 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 8,924 | 65 |
| TN-615854 | 34.7 | Aug 12, 2024 | $316,000 | 9,099 | 8,351 | 64 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 7,560 | 64 |
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.