Comparable sales & offer analysis
Parcel TN-340530
Wayne County, TN · 0.73 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,700
Adjusted value
$6,306
Value range
$5,388–$7,224
Comp $/acre
$8,638/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.6% versus the adjusted value.
Offer position
Max allowable offer
$3,603
Offer $/acre
$4,936/ac
Projected profit
$1,892
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 | 8,513 | 79 |
| TN-120399 | 0.7 | Oct 27, 2024 | $5,000 | 7,533 | 9,931 | 73 |
| TN-921695 | 1.7 | Feb 18, 2026 | $5,100 | 3,000 | 6,563 | 63 |
| TN-882010 | 2.1 | Feb 12, 2025 | $13,100 | 6,134 | 9,436 | 59 |
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.