Comparable sales & offer analysis
Parcel TN-469881
Wayne County, TN · 642 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$789,300
Adjusted value
$1,030,207
Value range
$947,790–$1,112,623
Comp $/acre
$1,604/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.4% versus the adjusted value.
Offer position
Max allowable offer
$588,690
Offer $/acre
$917/ac
Projected profit
$309,062
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 | 1,676 | 86 |
| TN-499374 | 444.8 | Feb 22, 2026 | $1,385,600 | 3,115 | 1,679 | 78 |
| TN-649188 | 388.7 | Oct 10, 2024 | $619,500 | 1,594 | 1,476 | 72 |
| TN-978978 | 333.9 | May 18, 2026 | $637,800 | 1,910 | 1,568 | 72 |
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.