Comparable sales & offer analysis
Parcel TN-248691
Monroe County, TN · 271 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,217,500
Adjusted value
$1,241,834
Value range
$1,091,613–$1,392,055
Comp $/acre
$4,579/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.0% versus the adjusted value.
Offer position
Max allowable offer
$709,619
Offer $/acre
$2,617/ac
Projected profit
$372,550
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-997751 | 137.3 | Jul 27, 2026 | $923,800 | 6,730 | 3,903 | 74 |
| TN-217842 | 146.6 | Mar 2, 2026 | $722,200 | 4,926 | 5,006 | 74 |
| TN-197810 | 143.3 | May 21, 2025 | $802,200 | 5,600 | 4,067 | 73 |
| TN-768044 | 169.7 | May 8, 2025 | $596,800 | 3,516 | 4,467 | 67 |
| TN-519498 | 486.6 | Jun 10, 2025 | $1,033,900 | 2,125 | 4,610 | 66 |
| TN-987477 | 112.5 | Jan 13, 2026 | $1,111,600 | 9,876 | 5,563 | 62 |
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.