Comparable sales & offer analysis
Parcel TN-372805
Obion County, TN · 3.81 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$43,900
Adjusted value
$48,311
Value range
$41,060–$55,562
Comp $/acre
$12,680/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.1% versus the adjusted value.
Offer position
Max allowable offer
$27,606
Offer $/acre
$7,246/ac
Projected profit
$14,493
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-253154 | 4.9 | Jul 27, 2026 | $50,200 | 10,223 | 10,409 | 84 |
| TN-603506 | 6.3 | Jul 27, 2026 | $100,500 | 15,854 | 13,402 | 82 |
| TN-451991 | 2.1 | Jul 27, 2026 | $41,000 | 19,321 | 15,701 | 79 |
| TN-393640 | 7.0 | Jun 17, 2024 | $61,100 | 8,758 | 9,883 | 71 |
| TN-571590 | 1.6 | Jul 27, 2026 | $15,700 | 9,924 | 13,387 | 70 |
| TN-573286 | 5.4 | Apr 6, 2024 | $48,400 | 8,966 | 13,751 | 68 |
| TN-594527 | 13.3 | Jan 24, 2026 | $106,500 | 8,021 | 10,386 | 66 |
| TN-603931 | 8.6 | Jan 5, 2025 | $105,900 | 12,286 | 13,759 | 62 |
| TN-111899 | 2.0 | Jan 13, 2025 | $14,700 | 7,433 | 13,545 | 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.