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Choctaw County, AL · Sold

AL-775371

305 County Road 363

$130,400
$5,327/ac · 24.48 ac
Acreage24.48 ac
Price per acre$5,327/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedNov 25, 2024
Coordinates31.9959, -88.2237
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Choctaw County, Alabama. Timber tracts and hunting land across the Black Belt and Appalachian foothills.

View Choctaw market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
29
Low risk
Wetlands19.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,442 ft away

Service extension needed; get a utility quote.

Buildable area18.74 of 24.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$117,684
$91,447$143,920 · $4,807/ac on 24.48 ac
Asking vs estimate
+10.8%
Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $130,400
Maximum allowable offer
$67,248
$2,747/ac · +30.0% target margin

You need $63,152 off asking to hit this margin.

All-in cost$72,964
Net resale$108,269
Projected profit$35,305
ROI+48.4%
Annualized+69.2%
Break-even resale$3,240/ac
Profit if resale lands off target
-20%
$13,651
-10%
$24,478
0%
$35,305
+10%
$46,132
+20%
$56,959
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-815486
Dirt · Off grid
26.6Jul 27, 2026$115,2004,3296,0262.4 mi
88
AL-634969
Dirt · Full utilities
18.3Jan 3, 2026$101,1005,5265,2147.1 mi
79
AL-604008
Paved · Power at road
9.1Oct 1, 2025$43,7004,7963,8015.0 mi
67
AL-194072
Dirt · Full utilities
9.6May 13, 2025$36,9003,8633,5092.1 mi
65
AL-914011
Dirt · Power at road
9.1Dec 8, 2024$43,0004,7005,2802.5 mi
62
AL-264166
Paved · Power at road
10.2Jul 27, 2024$40,7003,9833,3387.2 mi
61
AL-176708
Gravel · Off grid
64.5May 18, 2024$251,4003,8996,0044.2 mi
61
Show adjustment detail for the top comp
  • Tract size (26.6 ac → 24.48 ac)+1.2%
  • Access (Dirt → Paved)+37.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.