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Cullman County, AL · Sold

AL-766642

9646 County Road 367

$336,900
$5,481/ac · 61.47 ac
Acreage61.47 ac
Price per acre$5,481/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedDec 8, 2023
Coordinates34.1272, -86.8525
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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

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

View Cullman market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,506 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area47.94 of 61.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$401,215
$310,211$492,219 · $6,527/ac on 61.47 ac
Asking vs estimate
-16.0%
Priced below the comp set

Weighted from 6 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 $336,900
Maximum allowable offer
$229,266
$3,730/ac · +30.0% target margin

You need $107,634 off asking to hit this margin.

All-in cost$248,754
Net resale$369,118
Projected profit$120,364
ROI+48.4%
Annualized+69.2%
Break-even resale$4,399/ac
Profit if resale lands off target
-20%
$46,541
-10%
$83,452
0%
$120,364
+10%
$157,276
+20%
$194,188
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-806630
Gravel · Off grid
60.9Jun 23, 2026$170,9002,8054,7705.5 mi
85
AL-817182
Gravel · Off grid
90.9Jun 16, 2026$280,2003,0835,7481.6 mi
80
AL-396777
Paved · Off grid
67.8Sep 17, 2025$349,0005,1497,8397.0 mi
79
AL-235427
Dirt · Full utilities
25.5Feb 14, 2026$173,3006,7988,1154.1 mi
71
AL-418096
Paved · Off grid
176.2Jul 26, 2025$452,9002,5704,9973.0 mi
67
AL-308336
Dirt · Full utilities
209.7May 11, 2024$851,5004,0618,3057.9 mi
56
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (2 mo)+0.6%

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.