Comparable sales & offer analysis
Parcel TN-191236
Wayne County, TN · 1.22 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,200
Adjusted value
$8,347
Value range
$7,091–$9,602
Comp $/acre
$6,841/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.8% versus the adjusted value.
Offer position
Max allowable offer
$4,769
Offer $/acre
$3,909/ac
Projected profit
$2,504
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-921695 | 1.7 | Feb 18, 2026 | $5,100 | 3,000 | 5,368 | 72 |
| TN-340530 | 0.7 | Apr 6, 2024 | $6,000 | 8,206 | 7,416 | 67 |
| TN-882010 | 2.1 | Feb 12, 2025 | $13,100 | 6,134 | 7,718 | 65 |
| TN-120399 | 0.7 | Oct 27, 2024 | $5,000 | 7,533 | 8,123 | 62 |
| TN-834171 | 10.3 | Aug 27, 2025 | $50,400 | 4,912 | 6,502 | 53 |
| TN-414193 | 10.4 | Aug 1, 2024 | $42,200 | 4,046 | 5,799 | 47 |
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.