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Madison County, AL · Sold

AL-122689

242 County Road 83

$14,700
$4,188/ac · 3.51 ac
Acreage3.51 ac
Price per acre$4,188/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMay 11, 2025
Coordinates34.8385, -86.6583
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

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope29.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

442 ft of deeded road frontage.

Power198 ft away

Power at or near the road.

Buildable area2.02 of 3.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,594
$15,124$22,065 · $5,298/ac on 3.51 ac
Asking vs estimate
-20.9%
Priced below the comp set

Weighted from 9 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 $14,700
Maximum allowable offer
$10,625
$3,027/ac · +30.0% target margin

You need $4,075 off asking to hit this margin.

All-in cost$11,528
Net resale$17,107
Projected profit$5,579
ROI+48.4%
Annualized+69.3%
Break-even resale$3,570/ac
Profit if resale lands off target
-20%
$2,157
-10%
$3,868
0%
$5,579
+10%
$7,290
+20%
$9,000
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-722518
Paved · Full utilities
3.1Jul 27, 2026$19,3006,2304,32011.0 mi
80
AL-112499
Landlocked · Full utilities
3.1Oct 8, 2025$11,5003,7534,66611.5 mi
73
AL-382873
Dirt · Off grid
4.0Feb 5, 2024$15,4003,8325,8265.4 mi
70
AL-243844
Dirt · Off grid
8.1Oct 15, 2025$34,0004,1996,1958.2 mi
69
AL-183489
Landlocked · Off grid
6.3Sep 27, 2025$15,5002,4794,5637.1 mi
68
AL-461012
Paved · Off grid
1.0Jul 27, 2026$7,5007,1887,0098.0 mi
68
AL-803913
Landlocked · Power at road
8.5Dec 15, 2024$20,7002,4354,0054.4 mi
64
AL-994268
Paved · Power at road
11.0Aug 18, 2024$55,9005,0804,9778.3 mi
57
AL-824197
Gravel · Off grid
10.5Jan 29, 2024$48,1004,5966,3588.0 mi
57
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.