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Marion County, AL · Sold

AL-163201

4848 County Road 387

$23,500
$4,626/ac · 5.08 ac
Acreage5.08 ac
Price per acre$4,626/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMar 7, 2024
Coordinates34.1924, -87.9206
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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

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

View Marion market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

573 ft of deeded road frontage.

Power4,240 ft away

Service extension needed; get a utility quote.

Buildable area4.66 of 5.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,510
$18,527$28,492 · $4,628/ac on 5.08 ac
Asking vs estimate
-0.0%
In line with 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 $23,500
Maximum allowable offer
$13,434
$2,645/ac · +30.0% target margin

You need $10,066 off asking to hit this margin.

All-in cost$14,576
Net resale$21,629
Projected profit$7,053
ROI+48.4%
Annualized+69.3%
Break-even resale$3,119/ac
Profit if resale lands off target
-20%
$2,727
-10%
$4,890
0%
$7,053
+10%
$9,216
+20%
$11,379
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-772613
Gravel · Full utilities
3.3Jul 27, 2026$16,5004,9563,4044.6 mi
81
AL-342601
Gravel · Off grid
3.3Jun 4, 2025$14,3004,3464,4897.1 mi
77
AL-304162
Dirt · Off grid
10.2May 26, 2026$49,6004,8615,9595.3 mi
75
AL-512294
Landlocked · Power at road
2.6Jul 27, 2026$6,7002,5453,1155.9 mi
74
AL-743275
Dirt · Full utilities
5.4Jul 18, 2025$34,4006,4165,4479.5 mi
74
AL-634713
Landlocked · Power at road
15.2Mar 19, 2026$41,4002,7233,7552.7 mi
73
AL-652370
Dirt · Power at road
2.8Feb 27, 2026$15,3005,4875,4104.3 mi
72
AL-902727
Gravel · Full utilities
3.6Jun 6, 2025$29,5008,1675,8949.8 mi
71
AL-123849
Gravel · Power at road
8.1Mar 26, 2025$36,3004,4694,1295.5 mi
70
AL-773415
Dirt · Full utilities
5.9Nov 12, 2024$32,8005,5284,8468.8 mi
69
Show adjustment detail for the top comp
  • Tract size (3.32 ac → 5.08 ac)-1.6%
  • Utilities (Full utilities → Off grid)-30.3%

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.