Comparable sales & offer analysis
Parcel TN-249827
Wayne County, TN · 618 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,021,400
Adjusted value
$802,782
Value range
$718,808–$886,756
Comp $/acre
$1,300/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.2% versus the adjusted value.
Offer position
Max allowable offer
$458,732
Offer $/acre
$743/ac
Projected profit
$240,835
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 | 1,364 | 82 |
| TN-469881 | 642.2 | Jun 4, 2025 | $768,000 | 1,196 | 1,093 | 80 |
| TN-499374 | 444.8 | Feb 22, 2026 | $1,385,600 | 3,115 | 1,461 | 77 |
| TN-649188 | 388.7 | Oct 10, 2024 | $619,500 | 1,594 | 1,285 | 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.