Comparable sales & offer analysis
Parcel TN-529807
Madison County, TN · 609 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,280,200
Adjusted value
$2,561,446
Value range
$2,081,881–$3,041,011
Comp $/acre
$4,208/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.0% versus the adjusted value.
Offer position
Max allowable offer
$1,463,683
Offer $/acre
$2,405/ac
Projected profit
$768,434
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-569513 | 491.9 | Jul 27, 2026 | $1,710,000 | 3,476 | 5,682 | 84 |
| TN-589558 | 508.2 | May 10, 2025 | $1,983,600 | 3,903 | 3,729 | 69 |
| TN-348223 | 193.2 | Jul 27, 2026 | $594,100 | 3,075 | 3,830 | 67 |
| TN-228522 | 239.9 | May 18, 2025 | $1,096,500 | 4,570 | 4,318 | 65 |
| TN-878886 | 312.3 | Jan 21, 2025 | $1,435,800 | 4,597 | 3,419 | 64 |
| TN-458233 | 194.6 | Jan 27, 2026 | $1,245,200 | 6,398 | 3,861 | 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.
