Comparable sales & offer analysis
Parcel TN-940019
Shelby County, TN · 0.51 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,700
Adjusted value
$4,422
Value range
$3,325–$5,520
Comp $/acre
$8,671/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.3% versus the adjusted value.
Offer position
Max allowable offer
$2,527
Offer $/acre
$4,955/ac
Projected profit
$1,327
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-520601 | 0.8 | Jul 27, 2026 | $5,700 | 7,403 | 8,699 | 77 |
| TN-980246 | 0.6 | Apr 20, 2024 | $4,500 | 7,438 | 8,212 | 71 |
| TN-752583 | 3.3 | Jul 27, 2026 | $15,900 | 4,880 | 4,819 | 61 |
| TN-152620 | 3.3 | May 1, 2025 | $30,000 | 8,991 | 11,400 | 58 |
| TN-151748 | 1.8 | Nov 30, 2023 | $18,400 | 10,421 | 11,264 | 57 |
| TN-532138 | 2.4 | Jun 4, 2024 | $14,200 | 6,024 | 7,929 | 57 |
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.