Comparable sales & offer analysis
Parcel TN-978978
Wayne County, TN · 334 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$671,400
Adjusted value
$629,269
Value range
$564,048–$694,491
Comp $/acre
$1,885/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.7% versus the adjusted value.
Offer position
Max allowable offer
$359,583
Offer $/acre
$1,077/ac
Projected profit
$188,781
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-249827 | 617.5 | Mar 29, 2026 | $886,600 | 1,436 | 2,075 | 79 |
| TN-649188 | 388.7 | Oct 10, 2024 | $619,500 | 1,594 | 1,827 | 74 |
| TN-499374 | 444.8 | Feb 22, 2026 | $1,385,600 | 3,115 | 2,078 | 74 |
| TN-469881 | 642.2 | Jun 4, 2025 | $768,000 | 1,196 | 1,555 | 64 |
| TN-836258 | 46.5 | May 18, 2024 | $211,300 | 4,541 | 1,812 | 54 |
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.