Comparable sales & offer analysis
Parcel TN-123843
Shelby County, TN · 8.09 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$53,700
Adjusted value
$57,975
Value range
$43,957–$71,993
Comp $/acre
$7,166/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.4% versus the adjusted value.
Offer position
Max allowable offer
$33,129
Offer $/acre
$4,095/ac
Projected profit
$17,393
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-143826 | 8.0 | Nov 20, 2025 | $45,900 | 5,746 | 5,968 | 79 |
| TN-713351 | 5.7 | Oct 18, 2025 | $46,600 | 8,212 | 9,871 | 74 |
| TN-514275 | 11.1 | Nov 15, 2025 | $108,100 | 9,774 | 7,234 | 73 |
| TN-533394 | 5.8 | May 7, 2025 | $42,600 | 7,294 | 7,599 | 73 |
| TN-752583 | 3.3 | Jul 27, 2026 | $15,900 | 4,880 | 4,502 | 73 |
| TN-135483 | 26.6 | Jul 14, 2026 | $130,800 | 4,925 | 6,820 | 72 |
| TN-494074 | 9.6 | Nov 20, 2023 | $41,100 | 4,291 | 5,744 | 70 |
| TN-853267 | 5.3 | Sep 29, 2024 | $27,800 | 5,217 | 6,517 | 65 |
| TN-152620 | 3.3 | May 1, 2025 | $30,000 | 8,991 | 10,650 | 58 |
| TN-532138 | 2.4 | Jun 4, 2024 | $14,200 | 6,024 | 7,407 | 55 |
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.