Comparable sales & offer analysis
Parcel TN-120399
Wayne County, TN · 0.67 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,900
Adjusted value
$4,605
Value range
$4,003–$5,207
Comp $/acre
$6,873/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.4% versus the adjusted value.
Offer position
Max allowable offer
$2,632
Offer $/acre
$3,928/ac
Projected profit
$1,382
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 | 6,982 | 72 |
| TN-340530 | 0.7 | Apr 6, 2024 | $6,000 | 8,206 | 7,436 | 71 |
| TN-921695 | 1.7 | Feb 18, 2026 | $5,100 | 3,000 | 5,383 | 68 |
| TN-882010 | 2.1 | Feb 12, 2025 | $13,100 | 6,134 | 7,739 | 61 |
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.