Comparable sales & offer analysis
Parcel TN-345393
Madison County, TN · 24.87 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$183,700
Adjusted value
$172,122
Value range
$142,367–$201,877
Comp $/acre
$6,921/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.7% versus the adjusted value.
Offer position
Max allowable offer
$98,355
Offer $/acre
$3,955/ac
Projected profit
$51,637
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-455102 | 20.1 | Dec 16, 2024 | $148,900 | 7,395 | 9,091 | 80 |
| TN-396843 | 71.1 | Jul 27, 2026 | $492,500 | 6,927 | 6,958 | 77 |
| TN-904483 | 12.9 | Jul 27, 2026 | $103,200 | 8,022 | 6,425 | 74 |
| TN-106925 | 75.5 | Jul 27, 2026 | $418,000 | 5,540 | 6,881 | 71 |
| TN-614821 | 16.4 | Jun 7, 2024 | $130,500 | 7,945 | 6,025 | 69 |
| TN-403809 | 7.9 | Jul 27, 2026 | $71,900 | 9,116 | 5,948 | 68 |
| TN-414600 | 14.0 | Mar 28, 2025 | $64,400 | 4,603 | 4,730 | 68 |
| TN-615854 | 34.7 | Aug 12, 2024 | $316,000 | 9,099 | 7,621 | 67 |
| TN-526122 | 42.2 | Nov 26, 2024 | $288,400 | 6,838 | 6,899 | 67 |
| TN-486832 | 70.5 | Jun 18, 2025 | $365,200 | 5,177 | 8,379 | 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.