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Covington County, AL · Sold

AL-701223

4318 County Road 48

$5,200
$4,298/ac · 1.21 ac
Acreage1.21 ac
Price per acre$4,298/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJul 9, 2024
Coordinates31.3290, -86.5333
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

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope26.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

214 ft of deeded road frontage.

Power27 ft away

Power at or near the road.

Buildable area0.69 of 1.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,953
$4,403$7,503 · $4,920/ac on 1.21 ac
Asking vs estimate
-12.6%
Priced below 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 $5,200
Maximum allowable offer
$3,402
$2,811/ac · +30.0% target margin

You need $1,798 off asking to hit this margin.

All-in cost$3,691
Net resale$5,477
Projected profit$1,785
ROI+48.4%
Annualized+69.2%
Break-even resale$3,316/ac
Profit if resale lands off target
-20%
$690
-10%
$1,238
0%
$1,785
+10%
$2,333
+20%
$2,881
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-431281
Gravel · Full utilities
1.3Jul 27, 2026$5,7004,5093,7067.9 mi
91
AL-122019
Gravel · Power at road
2.2Jul 27, 2026$7,2003,3253,3643.1 mi
82
AL-951070
Landlocked · Full utilities
1.1Jun 24, 2026$5,8005,3136,43512.5 mi
79
AL-510892
Gravel · Off grid
0.9Apr 30, 2024$4,9005,2106,7027.5 mi
70
AL-711881
Landlocked · Full utilities
1.9Nov 8, 2025$8,1004,1405,19012.7 mi
68
AL-520468
Landlocked · Off grid
0.7Apr 26, 2025$2,0002,7865,0577.2 mi
67
AL-542228
Dirt · Off grid
2.5Jul 15, 2025$5,5002,1913,1756.6 mi
65
AL-630505
Landlocked · Off grid
0.7Dec 25, 2023$2,4003,2716,2569.6 mi
60
AL-712620
Landlocked · Off grid
3.3Nov 18, 2024$8,7002,5904,91110.0 mi
57
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%

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.