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Madison County, AL · Sold

AL-824197

3241 County Road 141

$45,700
$4,369/ac · 10.46 ac
Acreage10.46 ac
Price per acre$4,369/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedAug 23, 2023
Coordinates34.8321, -86.5179
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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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands35.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

324 ft of deeded road frontage.

Power1,426 ft away

Service extension needed; get a utility quote.

Buildable area6.42 of 10.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,850
$33,533$46,167 · $3,810/ac on 10.46 ac
Asking vs estimate
+14.7%
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 $45,700
Maximum allowable offer
$22,772
$2,177/ac · +30.0% target margin

You need $22,928 off asking to hit this margin.

All-in cost$24,708
Net resale$36,662
Projected profit$11,955
ROI+48.4%
Annualized+69.2%
Break-even resale$2,568/ac
Profit if resale lands off target
-20%
$4,622
-10%
$8,288
0%
$11,955
+10%
$15,621
+20%
$19,287
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-994268
Paved · Power at road
11.0Aug 18, 2024$55,9005,0803,9831.7 mi
80
AL-243844
Dirt · Off grid
8.1Oct 15, 2025$34,0004,1994,9576.3 mi
76
AL-183489
Landlocked · Off grid
6.3Sep 27, 2025$15,5002,4793,6517.9 mi
75
AL-665510
Landlocked · Full utilities
27.1Apr 19, 2026$86,9003,2103,7222.5 mi
71
AL-803913
Landlocked · Power at road
8.5Dec 15, 2024$20,7002,4353,2058.2 mi
69
AL-122689
Gravel · Power at road
3.5Mar 19, 2026$12,1003,4342,7958.0 mi
68
AL-415402
Gravel · Off grid
25.0Jun 6, 2024$80,8003,2303,8928.8 mi
67
AL-722518
Paved · Full utilities
3.1Jul 27, 2026$19,3006,2303,45712.6 mi
65
AL-112499
Landlocked · Full utilities
3.1Oct 8, 2025$11,5003,7533,73411.5 mi
58
AL-382873
Dirt · Off grid
4.0Feb 5, 2024$15,4003,8324,6628.2 mi
58
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (24 mo)+8.4%

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.