Comparable sales & offer analysis
Parcel TN-349552
Shelby County, TN · 506 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,807,100
Adjusted value
$1,216,935
Value range
$1,058,552–$1,375,319
Comp $/acre
$2,405/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.5% versus the adjusted value.
Offer position
Max allowable offer
$695,392
Offer $/acre
$1,374/ac
Projected profit
$365,081
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-949630 | 535.4 | Jun 28, 2026 | $985,400 | 1,840 | 1,883 | 89 |
| TN-749110 | 367.4 | Jul 27, 2026 | $1,076,600 | 2,931 | 2,669 | 82 |
| TN-439793 | 602.5 | Mar 15, 2024 | $936,400 | 1,554 | 2,124 | 79 |
| TN-739680 | 555.2 | Nov 10, 2025 | $1,158,100 | 2,086 | 2,605 | 79 |
| TN-468443 | 226.6 | Jul 27, 2026 | $1,271,000 | 5,609 | 2,653 | 76 |
| TN-918709 | 274.8 | Aug 15, 2025 | $808,000 | 2,941 | 2,588 | 67 |
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.