Comparable sales & offer analysis
Parcel TN-488633
Obion County, TN · 260 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,098,700
Adjusted value
$1,227,580
Value range
$985,264–$1,469,897
Comp $/acre
$4,721/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.5% versus the adjusted value.
Offer position
Max allowable offer
$701,475
Offer $/acre
$2,698/ac
Projected profit
$368,274
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 | 3,962 | 79 |
| TN-247934 | 156.7 | Jul 27, 2026 | $690,000 | 4,403 | 4,481 | 78 |
| TN-827878 | 150.5 | May 30, 2026 | $901,300 | 5,990 | 4,438 | 76 |
| TN-918479 | 232.6 | Oct 23, 2025 | $858,000 | 3,689 | 3,672 | 75 |
| TN-798047 | 170.1 | Jun 8, 2025 | $1,073,600 | 6,312 | 5,916 | 73 |
| TN-799756 | 586.6 | Jul 27, 2026 | $1,874,500 | 3,196 | 4,767 | 72 |
| TN-769734 | 577.3 | Mar 5, 2024 | $3,355,200 | 5,812 | 5,878 | 67 |
| TN-779558 | 508.2 | Mar 23, 2024 | $2,442,400 | 4,806 | 6,405 | 66 |
| TN-589739 | 579.4 | Mar 13, 2025 | $1,584,200 | 2,734 | 4,296 | 63 |
| TN-867135 | 87.8 | May 20, 2025 | $397,000 | 4,520 | 3,542 | 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.