Comparable sales & offer analysis
Parcel TN-468443
Shelby County, TN · 227 ac · Mixed Use · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,505,900
Adjusted value
$1,316,417
Value range
$998,781–$1,634,053
Comp $/acre
$5,810/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.4% versus the adjusted value.
Offer position
Max allowable offer
$752,238
Offer $/acre
$3,320/ac
Projected profit
$394,925
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-749110 | 367.4 | Jul 27, 2026 | $1,076,600 | 2,931 | 5,655 | 75 |
| TN-949630 | 535.4 | Jun 28, 2026 | $985,400 | 1,840 | 3,989 | 73 |
| TN-918709 | 274.8 | Aug 15, 2025 | $808,000 | 2,941 | 5,484 | 71 |
| TN-349552 | 506.0 | Oct 10, 2025 | $1,930,000 | 3,814 | 8,370 | 70 |
| TN-739680 | 555.2 | Nov 10, 2025 | $1,158,100 | 2,086 | 5,520 | 66 |
| TN-457314 | 100.0 | Dec 18, 2024 | $425,100 | 4,250 | 7,203 | 64 |
| TN-439793 | 602.5 | Mar 15, 2024 | $936,400 | 1,554 | 4,501 | 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.