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Madison County, AL · Sold

AL-415402

1943 County Road 324

$80,200
$3,204/ac · 25.03 ac
Acreage25.03 ac
Price per acre$3,204/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedMar 19, 2024
Coordinates34.7433, -86.6301
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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

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
11
Low risk
Wetlands0.0% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

661 ft of deeded road frontage.

Power7,740 ft away

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

Buildable area23.78 of 25.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$94,916
$78,716$111,116 · $3,792/ac on 25.03 ac
Asking vs estimate
-15.5%
Priced below the comp set

Weighted from 5 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 $80,200
Maximum allowable offer
$54,238
$2,167/ac · +30.0% target margin

You need $25,962 off asking to hit this margin.

All-in cost$58,848
Net resale$87,323
Projected profit$28,474
ROI+48.4%
Annualized+69.2%
Break-even resale$2,556/ac
Profit if resale lands off target
-20%
$11,010
-10%
$19,742
0%
$28,474
+10%
$37,207
+20%
$45,939
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-665510
Landlocked · Full utilities
27.1Apr 19, 2026$86,9003,2103,3738.0 mi
80
AL-243844
Dirt · Off grid
8.1Oct 15, 2025$34,0004,1994,4933.8 mi
66
AL-824197
Gravel · Off grid
10.5Jan 29, 2024$48,1004,5964,6118.8 mi
66
AL-994268
Paved · Power at road
11.0Aug 18, 2024$55,9005,0803,6097.8 mi
64
AL-803913
Landlocked · Power at road
8.5Dec 15, 2024$20,7002,4352,9052.4 mi
62
Show adjustment detail for the top comp
  • Tract size (27.07 ac → 25.03 ac)+1.2%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.4%

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.