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Marengo County, AL · Sold

AL-980185

8747 County Road 355

$2,400
$4,211/ac · 0.57 ac
Acreage0.57 ac
Price per acre$4,211/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedAug 9, 2024
Coordinates32.2907, -87.8214
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

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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

131 ft of deeded road frontage.

Power231 ft away

Power at or near the road.

Buildable area0.52 of 0.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,339
$2,152$2,527 · $4,104/ac on 0.57 ac
Asking vs estimate
+2.6%
In line with 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 $2,400
Maximum allowable offer
$1,337
$2,345/ac · +30.0% target margin

You need $1,063 off asking to hit this margin.

All-in cost$1,451
Net resale$2,152
Projected profit$702
ROI+48.4%
Annualized+69.2%
Break-even resale$2,766/ac
Profit if resale lands off target
-20%
$271
-10%
$486
0%
$702
+10%
$917
+20%
$1,132
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-480515
Gravel · Off grid
0.7Dec 28, 2025$2,9004,0374,2003.6 mi
77
AL-431998
Gravel · Power at road
2.1Jul 27, 2026$9,9004,6424,0656.1 mi
69
AL-852396
Paved · Power at road
2.8Jul 27, 2026$14,5005,0973,8107.3 mi
66
AL-271608
Gravel · Off grid
1.6Jan 26, 2025$6,9004,3274,7133.8 mi
61
AL-322098
Paved · Full utilities
2.3Aug 27, 2025$14,0006,1173,8704.6 mi
60
AL-642233
Landlocked · Power at road
2.5May 2, 2025$7,3002,9143,9627.5 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (8 mo)+2.7%

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.