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Madison County, AL · Sold

AL-243844

427 County Road 373

$36,300
$4,481/ac · 8.10 ac
Acreage8.10 ac
Price per acre$4,481/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMar 29, 2025
Coordinates34.7491, -86.5632
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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

241 ft of deeded road frontage.

Power10,722 ft away

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

Buildable area6.68 of 8.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,000
$22,525$31,475 · $3,333/ac on 8.10 ac
Asking vs estimate
+34.4%
Priced above 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 $36,300
Maximum allowable offer
$15,429
$1,905/ac · +30.0% target margin

You need $20,871 off asking to hit this margin.

All-in cost$16,740
Net resale$24,840
Projected profit$8,099
ROI+48.4%
Annualized+69.2%
Break-even resale$2,246/ac
Profit if resale lands off target
-20%
$3,131
-10%
$5,615
0%
$8,099
+10%
$10,583
+20%
$13,067
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-183489
Landlocked · Off grid
6.3Sep 27, 2025$15,5002,4793,2012.6 mi
79
AL-803913
Landlocked · Power at road
8.5Dec 15, 2024$20,7002,4352,8105.0 mi
74
AL-122689
Gravel · Power at road
3.5Mar 19, 2026$12,1003,4342,4518.2 mi
72
AL-665510
Landlocked · Full utilities
27.1Apr 19, 2026$86,9003,2103,2634.7 mi
71
AL-722518
Paved · Full utilities
3.1Jul 27, 2026$19,3006,2303,0316.5 mi
70
AL-824197
Gravel · Off grid
10.5Jan 29, 2024$48,1004,5964,4616.3 mi
69
AL-994268
Paved · Power at road
11.0Aug 18, 2024$55,9005,0803,4914.8 mi
68
AL-382873
Dirt · Off grid
4.0Feb 5, 2024$15,4003,8324,0874.2 mi
66
AL-112499
Landlocked · Full utilities
3.1Oct 8, 2025$11,5003,7533,2735.2 mi
64
AL-415402
Gravel · Off grid
25.0Jun 6, 2024$80,8003,2303,4123.8 mi
60
Show adjustment detail for the top comp
  • Tract size (6.26 ac → 8.1 ac)-1.6%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (11 mo)+3.7%

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.