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Montgomery County, AL · Sold

AL-473124

587 County Road 68

$28,000
$5,821/ac · 4.81 ac
Acreage4.81 ac
Price per acre$5,821/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedOct 17, 2024
Coordinates32.1785, -86.1204
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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

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

View Montgomery market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power70 ft away

Power at or near the road.

Buildable area3.87 of 4.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,306
$26,498$38,114 · $6,716/ac on 4.81 ac
Asking vs estimate
-13.3%
Priced below 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 $28,000
Maximum allowable offer
$18,460
$3,838/ac · +30.0% target margin

You need $9,540 off asking to hit this margin.

All-in cost$20,029
Net resale$29,721
Projected profit$9,692
ROI+48.4%
Annualized+69.3%
Break-even resale$4,526/ac
Profit if resale lands off target
-20%
$3,748
-10%
$6,720
0%
$9,692
+10%
$12,664
+20%
$15,637
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-843682
Paved · Off grid
7.2Jul 27, 2026$44,3006,1536,2818.4 mi
81
AL-710268
Gravel · Power at road
0.6Jul 27, 2026$3,6005,9625,7352.0 mi
70
AL-393416
Landlocked · Off grid
5.9Feb 25, 2025$27,5004,6238,5799.6 mi
69
AL-140808
Paved · Power at road
0.9Dec 25, 2025$7,7008,5127,1302.1 mi
64
AL-595481
Landlocked · Full utilities
26.5May 25, 2026$87,7003,3084,7016.7 mi
62
AL-425572
Gravel · Full utilities
28.3May 20, 2024$211,9007,4837,9161.0 mi
62
AL-815613
Dirt · Off grid
29.2Jul 3, 2025$115,4003,9576,7157.0 mi
55
Show adjustment detail for the top comp
  • Tract size (7.2 ac → 4.81 ac)+2.1%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%

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.