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Marengo County, AL · Sold

AL-179517

7293 County Road 380

$1,032,400
$2,093/ac · 493 ac
Acreage493 ac
Price per acre$2,093/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMay 15, 2025
Coordinates32.2816, -87.6994
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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

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope23.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,503 ft of deeded road frontage.

Power13,424 ft away

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

Buildable area285.34 of 493.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$857,912
$674,543$1,041,282 · $1,739/ac on 493 ac
Asking vs estimate
+20.3%
Priced above 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 $1,032,400
Maximum allowable offer
$490,236
$994/ac · +30.0% target margin

You need $542,164 off asking to hit this margin.

All-in cost$531,906
Net resale$789,279
Projected profit$257,373
ROI+48.4%
Annualized+69.2%
Break-even resale$1,172/ac
Profit if resale lands off target
-20%
$99,517
-10%
$178,445
0%
$257,373
+10%
$336,301
+20%
$415,229
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-529595
Gravel · Off grid
522.0Jul 27, 2026$711,0001,3621,38910.2 mi
86
AL-739072
Gravel · Full utilities
357.4Dec 20, 2025$1,309,7003,6642,3821.1 mi
81
AL-159126
Landlocked · Power at road
371.6Oct 5, 2025$558,6001,5031,78910.2 mi
71
AL-938007
Dirt · Power at road
165.2Nov 21, 2024$317,7001,9231,4875.8 mi
63
AL-948226
Dirt · Off grid
193.6Apr 12, 2024$314,5001,6241,5807.7 mi
59
Show adjustment detail for the top comp
  • Tract size (522.01 ac → 493.33 ac)+1.7%

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.