Comparable sales & offer analysis
Parcel TN-966421
Obion County, TN · 52.37 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$401,600
Adjusted value
$424,761
Value range
$359,404–$490,118
Comp $/acre
$8,111/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.5% versus the adjusted value.
Offer position
Max allowable offer
$242,721
Offer $/acre
$4,635/ac
Projected profit
$127,428
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-827878 | 150.5 | May 30, 2026 | $901,300 | 5,990 | 7,810 | 73 |
| TN-867135 | 87.8 | May 20, 2025 | $397,000 | 4,520 | 6,233 | 73 |
| TN-247934 | 156.7 | Jul 27, 2026 | $690,000 | 4,403 | 7,887 | 71 |
| TN-145226 | 22.0 | Jan 14, 2026 | $215,100 | 9,758 | 8,678 | 70 |
| TN-798047 | 170.1 | Jun 8, 2025 | $1,073,600 | 6,312 | 10,412 | 68 |
| TN-237043 | 82.2 | Aug 9, 2024 | $451,200 | 5,490 | 7,774 | 68 |
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.