Comparable sales & offer analysis
Parcel TN-156354
Monroe County, TN · 49.89 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$229,500
Adjusted value
$344,062
Value range
$291,619–$396,505
Comp $/acre
$6,896/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.3% versus the adjusted value.
Offer position
Max allowable offer
$196,607
Offer $/acre
$3,941/ac
Projected profit
$103,219
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-986303 | 48.1 | Jul 27, 2026 | $322,500 | 6,707 | 7,802 | 92 |
| TN-355376 | 24.6 | Apr 11, 2026 | $172,800 | 7,033 | 7,385 | 73 |
| TN-825921 | 36.5 | Jan 15, 2025 | $180,700 | 4,955 | 5,824 | 72 |
| TN-997751 | 137.3 | Jul 27, 2026 | $923,800 | 6,730 | 5,968 | 71 |
| TN-217842 | 146.6 | Mar 2, 2026 | $722,200 | 4,926 | 7,655 | 68 |
| TN-655399 | 25.0 | Nov 12, 2024 | $128,700 | 5,153 | 4,936 | 67 |
| TN-987477 | 112.5 | Jan 13, 2026 | $1,111,600 | 9,876 | 8,507 | 66 |
| TN-197810 | 143.3 | May 21, 2025 | $802,200 | 5,600 | 6,218 | 65 |
| TN-335293 | 23.1 | Apr 30, 2025 | $109,800 | 4,748 | 7,641 | 61 |
| TN-768044 | 169.7 | May 8, 2025 | $596,800 | 3,516 | 6,830 | 61 |
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.