Comparable sales & offer analysis
Parcel TN-921695
Wayne County, TN · 1.71 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,700
Adjusted value
$6,512
Value range
$5,450–$7,573
Comp $/acre
$3,808/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.5% versus the adjusted value.
Offer position
Max allowable offer
$3,721
Offer $/acre
$2,176/ac
Projected profit
$1,953
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-191236 | 1.2 | Jul 27, 2026 | $8,400 | 6,910 | 3,993 | 76 |
| TN-882010 | 2.1 | Feb 12, 2025 | $13,100 | 6,134 | 4,426 | 70 |
| TN-274278 | 11.1 | Jul 27, 2026 | $55,600 | 5,016 | 3,026 | 64 |
| TN-120399 | 0.7 | Oct 27, 2024 | $5,000 | 7,533 | 4,658 | 61 |
| TN-834171 | 10.3 | Aug 27, 2025 | $50,400 | 4,912 | 3,728 | 61 |
| TN-340530 | 0.7 | Apr 6, 2024 | $6,000 | 8,206 | 4,252 | 55 |
| TN-794386 | 12.0 | Jan 18, 2025 | $60,600 | 5,058 | 2,810 | 54 |
| TN-414193 | 10.4 | Aug 1, 2024 | $42,200 | 4,046 | 3,325 | 51 |
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.