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Monroe County, AL · Sold

AL-966248

8429 County Road 217

$119,400
$2,584/ac · 46.20 ac
Acreage46.20 ac
Price per acre$2,584/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedSep 3, 2023
Coordinates31.6247, -87.5002
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

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

View Monroe market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

716 ft of deeded road frontage.

Power242 ft away

Power at or near the road.

Buildable area35.46 of 46.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,697
$96,319$127,075 · $2,418/ac on 46.20 ac
Asking vs estimate
+6.9%
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 $119,400
Maximum allowable offer
$63,827
$1,382/ac · +30.0% target margin

You need $55,573 off asking to hit this margin.

All-in cost$69,252
Net resale$102,761
Projected profit$33,509
ROI+48.4%
Annualized+69.2%
Break-even resale$1,629/ac
Profit if resale lands off target
-20%
$12,956
-10%
$23,233
0%
$33,509
+10%
$43,785
+20%
$54,061
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-476199
Dirt · Power at road
44.6Jul 27, 2026$104,4002,3412,3305.1 mi
94
AL-375338
Paved · Full utilities
23.9Feb 4, 2026$121,4005,0792,7763.4 mi
76
AL-126843
Dirt · Off grid
71.1Mar 3, 2026$126,1001,7742,3287.5 mi
76
AL-555380
Paved · Full utilities
24.6Feb 14, 2026$86,1003,4941,9161.3 mi
75
AL-125813
Landlocked · Off grid
33.7Jul 14, 2025$66,7001,9792,9088.7 mi
74
AL-497822
Gravel · Off grid
144.5Feb 18, 2025$228,6001,5822,21710.6 mi
56
Show adjustment detail for the top comp
  • Tract size (44.59 ac → 46.2 ac)-0.7%

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.