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Madison County, AL · Sold

AL-803913

2814 County Road 241

$23,200
$2,726/ac · 8.51 ac
Acreage8.51 ac
Price per acre$2,726/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedJun 4, 2024
Coordinates34.7761, -86.6456
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

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

View Madison market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
30
Moderate risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power41 ft away

Power at or near the road.

Buildable area7.59 of 8.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,616
$22,886$32,347 · $3,245/ac on 8.51 ac
Asking vs estimate
-16.0%
Priced below the comp set

Weighted from 10 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 $23,200
Maximum allowable offer
$15,781
$1,854/ac · +30.0% target margin

You need $7,419 off asking to hit this margin.

All-in cost$17,122
Net resale$25,407
Projected profit$8,285
ROI+48.4%
Annualized+69.2%
Break-even resale$2,187/ac
Profit if resale lands off target
-20%
$3,203
-10%
$5,744
0%
$8,285
+10%
$10,825
+20%
$13,366
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-243844
Dirt · Off grid
8.1Oct 15, 2025$34,0004,1994,0295.0 mi
79
AL-183489
Landlocked · Off grid
6.3Sep 27, 2025$15,5002,4792,9683.0 mi
77
AL-122689
Gravel · Power at road
3.5Mar 19, 2026$12,1003,4342,2724.4 mi
71
AL-722518
Paved · Full utilities
3.1Jul 27, 2026$19,3006,2302,8106.7 mi
70
AL-994268
Paved · Power at road
11.0Aug 18, 2024$55,9005,0803,2377.6 mi
69
AL-665510
Landlocked · Full utilities
27.1Apr 19, 2026$86,9003,2103,0258.2 mi
68
AL-824197
Gravel · Off grid
10.5Jan 29, 2024$48,1004,5964,1358.2 mi
67
AL-112499
Landlocked · Full utilities
3.1Oct 8, 2025$11,5003,7533,0357.2 mi
65
AL-382873
Dirt · Off grid
4.0Feb 5, 2024$15,4003,8323,7891.1 mi
64
AL-415402
Gravel · Off grid
25.0Jun 6, 2024$80,8003,2303,1632.4 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.5%

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.