Monroe County, AL · Sold

AL-178458

4452 County Road 278

$348,900

$1,523/ac · 229 ac

Offer report Market this tract

Acreage229 ac

Price per acre$1,523/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedDec 4, 2023

Coordinates31.5183, -87.3893

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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

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

1 item to verify before you offer.

Risk index

Low risk

Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power200 ft away

Power at or near the road.

Buildable area203.47 of 229.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$348,604

$280,801 – $416,407 · $1,522/ac on 229 ac

Asking vs estimate

+0.1%

In line with the comp set

Weighted from 7 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 $348,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$199,202

$870/ac · +30.0% target margin

You need $149,698 off asking to hit this margin.

All-in cost$216,134

Net resale$320,716

Projected profit$104,582

ROI+48.4%

Annualized+69.3%

Break-even resale$1,026/ac

Profit if resale lands off target

-20%

$40,438

-10%

$72,510

$104,582

+10%

$136,653

+20%

$168,725

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
AL-608794 Paved · Off grid	292.2	May 28, 2026	$406,700	1,392	1,291	4.9 mi	80
AL-497822 Gravel · Off grid	144.5	Feb 18, 2025	$228,600	1,582	1,499	2.5 mi	75
AL-126843 Dirt · Off grid	71.1	Mar 3, 2026	$126,100	1,774	1,573	2.5 mi	75
AL-148530 Paved · Full utilities	241.3	Apr 3, 2025	$440,300	1,824	1,170	7.6 mi	74
AL-508977 Dirt · Off grid	333.6	Apr 9, 2025	$490,900	1,471	2,039	10.1 mi	70
AL-659986 Paved · Power at road	692.9	Oct 4, 2024	$1,184,200	1,709	1,865	7.3 mi	64
AL-799078 Gravel · Off grid	358.9	Dec 20, 2024	$370,700	1,033	1,273	12.1 mi	64

Show adjustment detail for the top comp

Tract size (292.2 ac → 229.07 ac)+7.2%
Access (Paved → Dirt)-27.1%
Utilities (Off grid → Power at road)+17.6%
Market time (3 mo)+0.9%

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.

Build the listing kit Post a deal or JV