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Marengo County, AL · Sold

AL-529595

6269 County Road 240

$772,000
$1,479/ac · 522 ac
Acreage522 ac
Price per acre$1,479/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMar 31, 2026
Coordinates32.2556, -87.8709
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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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands21.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

5,793 ft of deeded road frontage.

Power13,494 ft away

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

Buildable area390.78 of 522.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$970,004
$804,539$1,135,468 · $1,858/ac on 522 ac
Asking vs estimate
-20.4%
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 $772,000
Maximum allowable offer
$554,288
$1,062/ac · +30.0% target margin

You need $217,712 off asking to hit this margin.

All-in cost$601,402
Net resale$892,403
Projected profit$291,001
ROI+48.4%
Annualized+69.2%
Break-even resale$1,252/ac
Profit if resale lands off target
-20%
$112,520
-10%
$201,760
0%
$291,001
+10%
$380,241
+20%
$469,481
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-179517
Gravel · Off grid
493.3Sep 28, 2025$981,8001,9902,02910.2 mi
80
AL-159126
Landlocked · Power at road
371.6Oct 5, 2025$558,6001,5031,7587.0 mi
76
AL-739072
Gravel · Full utilities
357.4Dec 20, 2025$1,309,7003,6642,34211.1 mi
73
AL-948226
Dirt · Off grid
193.6Apr 12, 2024$314,5001,6241,5535.2 mi
60
AL-938007
Dirt · Power at road
165.2Nov 21, 2024$317,7001,9231,4625.5 mi
58
Show adjustment detail for the top comp
  • Tract size (493.33 ac → 522.01 ac)-1.7%
  • 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.