Comparable sales & offer analysis
Parcel TN-249827
Wayne County, TN · 618 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,021,400
Adjusted value
$806,912
Value range
$722,414–$891,409
Comp $/acre
$1,307/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.6% versus the adjusted value.
Offer position
Max allowable offer
$461,092
Offer $/acre
$747/ac
Projected profit
$242,074
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 | 1,372 | 81 |
| TN-469881 | 642.2 | Jun 4, 2025 | $768,000 | 1,196 | 1,099 | 79 |
| TN-499374 | 444.8 | Feb 22, 2026 | $1,385,600 | 3,115 | 1,469 | 76 |
| TN-649188 | 388.7 | Oct 10, 2024 | $619,500 | 1,594 | 1,291 | 73 |
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.