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Monroe County, AL · Sold

AL-799078

4428 County Road 292

$429,500
$1,197/ac · 359 ac
Acreage359 ac
Price per acre$1,197/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedNov 29, 2024
Coordinates31.6633, -87.2739
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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

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands44.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power684 ft away

Power at or near the road.

Buildable area189.59 of 358.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$483,435
$386,850$580,019 · $1,347/ac on 359 ac
Asking vs estimate
-11.2%
Priced below 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 $429,500
Maximum allowable offer
$276,248
$770/ac · +30.0% target margin

You need $153,252 off asking to hit this margin.

All-in cost$299,729
Net resale$444,760
Projected profit$145,031
ROI+48.4%
Annualized+69.3%
Break-even resale$908/ac
Profit if resale lands off target
-20%
$56,079
-10%
$100,555
0%
$145,031
+10%
$189,507
+20%
$233,983
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-608794
Paved · Off grid
292.2May 28, 2026$406,7001,3921,1217.2 mi
81
AL-508977
Dirt · Off grid
333.6Apr 9, 2025$490,9001,4711,76913.0 mi
73
AL-148530
Paved · Full utilities
241.3Apr 3, 2025$440,3001,8241,01512.6 mi
69
AL-497822
Gravel · Off grid
144.5Feb 18, 2025$228,6001,5821,3019.9 mi
64
AL-659986
Paved · Power at road
692.9Oct 4, 2024$1,184,2001,7091,6198.9 mi
62
AL-178458
Dirt · Power at road
229.1Feb 23, 2024$308,8001,3481,29212.1 mi
61
Show adjustment detail for the top comp
  • Tract size (292.2 ac → 358.94 ac)-5.8%
  • Access (Paved → Gravel)-15.3%
  • 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.