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Marengo County, AL · Sold

AL-739072

5154 County Road 87

$1,326,900
$3,713/ac · 357 ac
Acreage357 ac
Price per acre$3,713/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedDec 18, 2024
Coordinates32.2756, -87.6827
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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

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

View Marengo market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope28.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,613 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area208.22 of 357.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,002,821
$815,199$1,190,443 · $2,806/ac on 357 ac
Asking vs estimate
+32.3%
Priced above the comp set

Weighted from 6 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 $1,326,900
Maximum allowable offer
$573,041
$1,603/ac · +30.0% target margin

You need $753,859 off asking to hit this margin.

All-in cost$621,749
Net resale$922,596
Projected profit$300,846
ROI+48.4%
Annualized+69.2%
Break-even resale$1,891/ac
Profit if resale lands off target
-20%
$116,327
-10%
$208,587
0%
$300,846
+10%
$393,106
+20%
$485,365
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-179517
Gravel · Off grid
493.3Sep 28, 2025$981,8001,9903,2611.1 mi
79
AL-529595
Gravel · Off grid
522.0Jul 27, 2026$711,0001,3622,19411.1 mi
78
AL-159126
Landlocked · Power at road
371.6Oct 5, 2025$558,6001,5032,82710.6 mi
75
AL-497515
Dirt · Power at road
115.7Jun 8, 2026$409,6003,5403,70213.4 mi
64
AL-938007
Dirt · Power at road
165.2Nov 21, 2024$317,7001,9232,3506.4 mi
62
AL-948226
Dirt · Off grid
193.6Apr 12, 2024$314,5001,6242,4978.2 mi
61
Show adjustment detail for the top comp
  • Tract size (493.33 ac → 357.39 ac)+10.1%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.