Comparable sales & offer analysis
Parcel TN-649188
Wayne County, TN · 389 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$642,600
Adjusted value
$699,709
Value range
$627,037–$772,381
Comp $/acre
$1,800/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.2% versus the adjusted value.
Offer position
Max allowable offer
$399,834
Offer $/acre
$1,029/ac
Projected profit
$209,913
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-978978 | 333.9 | May 18, 2026 | $637,800 | 1,910 | 1,834 | 83 |
| TN-499374 | 444.8 | Feb 22, 2026 | $1,385,600 | 3,115 | 1,964 | 81 |
| TN-249827 | 617.5 | Mar 29, 2026 | $886,600 | 1,436 | 1,961 | 81 |
| TN-469881 | 642.2 | Jun 4, 2025 | $768,000 | 1,196 | 1,469 | 75 |
| TN-836258 | 46.5 | May 18, 2024 | $211,300 | 4,541 | 1,712 | 50 |
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.