← New search
Covington County, AL · Sold

AL-934064

3757 County Road 234

$22,900
$2,411/ac · 9.50 ac
Acreage9.50 ac
Price per acre$2,411/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedOct 6, 2024
Coordinates31.1492, -86.5677
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

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

View Covington market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

445 ft of deeded road frontage.

Power35 ft away

Power at or near the road.

Buildable area8.50 of 9.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,000
$25,022$36,978 · $3,263/ac on 9.50 ac
Asking vs estimate
-26.1%
Priced below the comp set

Weighted from 10 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 $22,900
Maximum allowable offer
$17,714
$1,865/ac · +30.0% target margin

You need $5,186 off asking to hit this margin.

All-in cost$19,220
Net resale$28,520
Projected profit$9,301
ROI+48.4%
Annualized+69.3%
Break-even resale$2,199/ac
Profit if resale lands off target
-20%
$3,597
-10%
$6,449
0%
$9,301
+10%
$12,153
+20%
$15,005
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-954697
Dirt · Off grid
15.0Jul 27, 2026$41,3002,7533,3858.2 mi
79
AL-394000
Dirt · Off grid
9.1Apr 3, 2025$30,3003,3414,1437.6 mi
77
AL-273542
Dirt · Power at road
6.5Jan 16, 2025$13,9002,1292,21411.1 mi
70
AL-783035
Paved · Full utilities
4.5Jul 27, 2026$20,4004,5312,59815.0 mi
69
AL-765418
Gravel · Off grid
25.3Nov 22, 2025$72,8002,8743,33811.0 mi
66
AL-712620
Landlocked · Off grid
3.3Nov 18, 2024$8,7002,5903,9172.9 mi
65
AL-244861
Landlocked · Full utilities
16.9Dec 30, 2024$44,7002,6393,0886.3 mi
65
AL-583493
Gravel · Off grid
6.3Feb 20, 2025$22,7003,6153,78213.8 mi
64
AL-915101
Gravel · Full utilities
20.1Aug 28, 2025$93,1004,6253,66213.4 mi
62
AL-595411
Paved · Power at road
25.2Aug 27, 2025$72,5002,8762,42812.3 mi
62
Show adjustment detail for the top comp
  • Tract size (15.02 ac → 9.5 ac)+4.3%
  • Utilities (Off grid → Power at road)+17.6%

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.