Comparable sales & offer analysis
Parcel TN-393640
Obion County, TN · 6.98 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$69,000
Adjusted value
$86,693
Value range
$75,610–$97,776
Comp $/acre
$12,420/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.4% versus the adjusted value.
Offer position
Max allowable offer
$49,539
Offer $/acre
$7,097/ac
Projected profit
$26,008
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-603506 | 6.3 | Jul 27, 2026 | $100,500 | 15,854 | 13,024 | 93 |
| TN-253154 | 4.9 | Jul 27, 2026 | $50,200 | 10,223 | 10,115 | 82 |
| TN-451991 | 2.1 | Jul 27, 2026 | $41,000 | 19,321 | 15,257 | 74 |
| TN-594527 | 13.3 | Jan 24, 2026 | $106,500 | 8,021 | 10,092 | 73 |
| TN-603931 | 8.6 | Jan 5, 2025 | $105,900 | 12,286 | 13,370 | 73 |
| TN-384538 | 13.4 | Jul 1, 2026 | $115,100 | 8,598 | 12,513 | 73 |
| TN-372805 | 3.8 | Jun 21, 2024 | $46,300 | 12,145 | 12,934 | 71 |
| TN-145226 | 22.0 | Jan 14, 2026 | $215,100 | 9,758 | 11,213 | 70 |
| TN-573286 | 5.4 | Apr 6, 2024 | $48,400 | 8,966 | 13,362 | 69 |
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.
