Comparable sales & offer analysis
Parcel TN-922158
Monroe County, TN · 2.39 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,900
Adjusted value
$13,360
Value range
$10,094–$16,626
Comp $/acre
$5,590/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.4% versus the adjusted value.
Offer position
Max allowable offer
$7,634
Offer $/acre
$3,194/ac
Projected profit
$4,008
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-782223 | 2.5 | Oct 29, 2025 | $10,700 | 4,273 | 4,134 | 85 |
| TN-882476 | 3.0 | May 12, 2025 | $27,000 | 8,986 | 6,508 | 72 |
| TN-402938 | 4.2 | Oct 31, 2025 | $20,700 | 4,926 | 4,165 | 70 |
| TN-231468 | 1.4 | Mar 13, 2024 | $7,800 | 5,410 | 4,749 | 67 |
| TN-541405 | 1.4 | Oct 26, 2024 | $8,900 | 6,443 | 6,898 | 66 |
| TN-143006 | 4.4 | Jul 11, 2025 | $39,300 | 8,914 | 7,558 | 65 |
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.