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Cullman County, AL · Sold

AL-828540

5309 County Road 123

$514,800
$2,118/ac · 243 ac
Acreage243 ac
Price per acre$2,118/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 13, 2025
Coordinates34.1774, -86.7716
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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

2 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,108 ft away

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

Buildable area230.47 of 243.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$383,025
$297,209$468,840 · $1,576/ac on 243 ac
Asking vs estimate
+34.4%
Priced above 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 $514,800
Maximum allowable offer
$218,871
$900/ac · +30.0% target margin

You need $295,929 off asking to hit this margin.

All-in cost$237,475
Net resale$352,383
Projected profit$114,908
ROI+48.4%
Annualized+69.2%
Break-even resale$1,062/ac
Profit if resale lands off target
-20%
$44,431
-10%
$79,669
0%
$114,908
+10%
$150,146
+20%
$185,384
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-748559
Landlocked · Power at road
246.5Mar 31, 2025$353,4001,4341,29410.8 mi
80
AL-418096
Paved · Off grid
176.2Jul 26, 2025$452,9002,5701,4147.6 mi
73
AL-559977
Landlocked · Power at road
688.4May 4, 2026$921,3001,3381,5695.8 mi
71
AL-389387
Landlocked · Power at road
449.0Jan 17, 2026$557,2001,2411,2939.2 mi
71
AL-817182
Gravel · Off grid
90.9Jun 16, 2026$280,2003,0831,6267.3 mi
71
AL-308336
Dirt · Full utilities
209.7May 11, 2024$851,5004,0612,35011.8 mi
66
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (17 mo)+5.8%

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.