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DeKalb County, AL · Sold

AL-848927

3803 County Road 238

$1,373,300
$4,268/ac · 322 ac
Acreage322 ac
Price per acre$4,268/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedJan 11, 2025
Coordinates34.3820, -85.8048
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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

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

View DeKalb market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands25.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area227.41 of 321.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,107,851
$853,330$1,362,373 · $3,443/ac on 322 ac
Asking vs estimate
+24.0%
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 $1,373,300
Maximum allowable offer
$633,058
$1,968/ac · +30.0% target margin

You need $740,242 off asking to hit this margin.

All-in cost$686,868
Net resale$1,019,223
Projected profit$332,355
ROI+48.4%
Annualized+69.2%
Break-even resale$2,320/ac
Profit if resale lands off target
-20%
$128,511
-10%
$230,433
0%
$332,355
+10%
$434,278
+20%
$536,200
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-459003
Paved · Off grid
340.0Apr 28, 2025$951,8002,8004,3078.1 mi
81
AL-597636
Paved · Full utilities
126.3Jul 27, 2026$552,0004,3713,3794.0 mi
78
AL-528255
Gravel · Off grid
197.7Nov 25, 2025$321,1001,6242,4668.6 mi
70
AL-668143
Gravel · Full utilities
182.3Nov 11, 2024$486,3002,6672,8764.1 mi
68
AL-147595
Paved · Off grid
122.6Jun 10, 2024$476,1003,8834,6582.4 mi
63
AL-368040
Gravel · Off grid
169.2Nov 9, 2024$319,8001,8902,86610.8 mi
61
Show adjustment detail for the top comp
  • Tract size (339.96 ac → 321.75 ac)+1.6%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (16 mo)+5.5%

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.