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Covington County, AL · Sold

AL-951070

3461 County Road 218

$5,700
$5,229/ac · 1.09 ac
Acreage1.09 ac
Price per acre$5,229/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedJun 6, 2025
Coordinates31.1629, -86.4480
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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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area0.90 of 1.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,304
$3,272$5,336 · $3,949/ac on 1.09 ac
Asking vs estimate
+32.4%
Priced above the comp set

Weighted from 9 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 $5,700
Maximum allowable offer
$2,459
$2,256/ac · +30.0% target margin

You need $3,241 off asking to hit this margin.

All-in cost$2,668
Net resale$3,960
Projected profit$1,292
ROI+48.4%
Annualized+69.3%
Break-even resale$2,661/ac
Profit if resale lands off target
-20%
$500
-10%
$896
0%
$1,292
+10%
$1,688
+20%
$2,084
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-431281
Gravel · Full utilities
1.3Jul 27, 2026$5,7004,5093,0784.7 mi
85
AL-711881
Landlocked · Full utilities
1.9Nov 8, 2025$8,1004,1404,3117.3 mi
78
AL-122019
Gravel · Power at road
2.2Jul 27, 2026$7,2003,3252,7949.6 mi
72
AL-630505
Landlocked · Off grid
0.7Dec 25, 2023$2,4003,2715,1965.6 mi
72
AL-520468
Landlocked · Off grid
0.7Apr 26, 2025$2,0002,7864,2005.4 mi
71
AL-701223
Gravel · Power at road
1.2Apr 22, 2025$5,2004,3363,80112.5 mi
70
AL-510892
Gravel · Off grid
0.9Apr 30, 2024$4,9005,2105,56711.4 mi
67
AL-542228
Dirt · Off grid
2.5Jul 15, 2025$5,5002,1912,6377.5 mi
63
AL-712620
Landlocked · Off grid
3.3Nov 18, 2024$8,7002,5904,0795.6 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%

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.