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Covington County, AL · Sold

AL-298866

1699 County Road 47

$360,700
$1,172/ac · 308 ac
Acreage308 ac
Price per acre$1,172/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJul 22, 2025
Coordinates31.2421, -86.5372
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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,442 ft away

Service extension needed; get a utility quote.

Buildable area275.19 of 307.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$486,513
$394,647$578,380 · $1,580/ac on 308 ac
Asking vs estimate
-25.9%
Priced below the comp set

Weighted from 8 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 $360,700
Maximum allowable offer
$278,008
$903/ac · +30.0% target margin

You need $82,692 off asking to hit this margin.

All-in cost$301,639
Net resale$447,592
Projected profit$145,954
ROI+48.4%
Annualized+69.2%
Break-even resale$1,065/ac
Profit if resale lands off target
-20%
$56,435
-10%
$101,194
0%
$145,954
+10%
$190,713
+20%
$235,472
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-958617
Gravel · Off grid
257.0Jul 26, 2026$649,8002,5282,0695.5 mi
84
AL-558911
Dirt · Off grid
318.0Dec 29, 2025$545,0001,7141,77612.9 mi
80
AL-789439
Gravel · Power at road
466.2Apr 17, 2026$983,1002,1091,7675.9 mi
80
AL-479564
Dirt · Off grid
510.4Jul 27, 2026$580,3001,1371,32410.4 mi
79
AL-458565
Dirt · Off grid
247.5Aug 18, 2024$289,8001,1711,1918.2 mi
72
AL-468000
Gravel · Power at road
164.4Mar 25, 2025$436,4002,6551,7214.4 mi
67
AL-217446
Landlocked · Off grid
110.0Dec 26, 2024$139,2001,2651,2905.9 mi
66
AL-389932
Paved · Full utilities
666.4Dec 22, 2023$1,257,5001,8871,3429.7 mi
57
Show adjustment detail for the top comp
  • Tract size (257.03 ac → 307.84 ac)-5.1%
  • Access (Gravel → Dirt)-14.0%

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.