Comparable sales & offer analysis
Parcel TN-402938
Monroe County, TN · 4.20 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,600
Adjusted value
$28,764
Value range
$21,390–$36,137
Comp $/acre
$6,849/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.5% versus the adjusted value.
Offer position
Max allowable offer
$16,436
Offer $/acre
$3,913/ac
Projected profit
$8,629
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-143006 | 4.4 | Jul 11, 2025 | $39,300 | 8,914 | 9,284 | 74 |
| TN-882476 | 3.0 | May 12, 2025 | $27,000 | 8,986 | 7,995 | 72 |
| TN-782223 | 2.5 | Oct 29, 2025 | $10,700 | 4,273 | 5,079 | 72 |
| TN-922158 | 2.4 | Feb 4, 2026 | $8,100 | 3,392 | 4,283 | 72 |
| TN-804210 | 10.6 | Dec 9, 2025 | $93,900 | 8,895 | 8,259 | 67 |
| TN-324451 | 12.6 | Oct 26, 2025 | $75,300 | 5,993 | 5,679 | 64 |
| TN-231468 | 1.4 | Mar 13, 2024 | $7,800 | 5,410 | 5,833 | 63 |
| TN-541405 | 1.4 | Oct 26, 2024 | $8,900 | 6,443 | 8,473 | 57 |
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.