Comparable sales & offer analysis
Parcel TN-488633
Obion County, TN · 260 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,098,700
Adjusted value
$1,220,388
Value range
$979,640–$1,461,137
Comp $/acre
$4,693/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.0% versus the adjusted value.
Offer position
Max allowable offer
$697,365
Offer $/acre
$2,682/ac
Projected profit
$366,116
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-138928 | 322.0 | Jul 27, 2026 | $2,015,200 | 6,259 | 3,940 | 80 |
| TN-247934 | 156.7 | Jul 27, 2026 | $690,000 | 4,403 | 4,457 | 79 |
| TN-827878 | 150.5 | May 30, 2026 | $901,300 | 5,990 | 4,413 | 77 |
| TN-918479 | 232.6 | Oct 23, 2025 | $858,000 | 3,689 | 3,652 | 76 |
| TN-798047 | 170.1 | Jun 8, 2025 | $1,073,600 | 6,312 | 5,885 | 74 |
| TN-799756 | 586.6 | Jul 27, 2026 | $1,874,500 | 3,196 | 4,741 | 73 |
| TN-769734 | 577.3 | Mar 5, 2024 | $3,355,200 | 5,812 | 5,849 | 67 |
| TN-779558 | 508.2 | Mar 23, 2024 | $2,442,400 | 4,806 | 6,373 | 66 |
| TN-589739 | 579.4 | Mar 13, 2025 | $1,584,200 | 2,734 | 4,274 | 63 |
| TN-867135 | 87.8 | May 20, 2025 | $397,000 | 4,520 | 3,523 | 63 |
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.