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Covington County, AL · Sold

AL-217446

5158 County Road 121

$145,000
$1,318/ac · 110 ac
Acreage110 ac
Price per acre$1,318/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJul 4, 2024
Coordinates31.1680, -86.4875
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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

5 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.3%

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.

Power11,940 ft away

A long utility run — price in solar/off-grid instead.

Buildable area85.94 of 110.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$170,458
$122,730$218,186 · $1,549/ac on 110 ac
Asking vs estimate
-14.9%
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 $145,000
Maximum allowable offer
$97,404
$885/ac · +30.0% target margin

You need $47,596 off asking to hit this margin.

All-in cost$105,683
Net resale$156,821
Projected profit$51,138
ROI+48.4%
Annualized+69.3%
Break-even resale$1,044/ac
Profit if resale lands off target
-20%
$19,774
-10%
$35,456
0%
$51,138
+10%
$66,820
+20%
$82,502
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-298866
Dirt · Off grid
307.8Apr 18, 2026$357,5001,1611,2345.9 mi
74
AL-566143
Landlocked · Off grid
42.8Feb 7, 2026$50,4001,1779764.8 mi
72
AL-466426
Dirt · Full utilities
52.6Mar 8, 2026$99,6001,8948973.3 mi
71
AL-958617
Gravel · Off grid
257.0Jul 26, 2026$649,8002,5282,16810.7 mi
71
AL-468000
Gravel · Power at road
164.4Mar 25, 2025$436,4002,6551,8048.1 mi
67
AL-558911
Dirt · Off grid
318.0Dec 29, 2025$545,0001,7141,86113.9 mi
62
AL-458565
Dirt · Off grid
247.5Aug 18, 2024$289,8001,1711,24911.0 mi
60
AL-195922
Gravel · Off grid
36.5Dec 29, 2024$151,5004,1542,3789.6 mi
58
Show adjustment detail for the top comp
  • Tract size (307.84 ac → 110.05 ac)+32.5%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (4 mo)+1.4%

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.