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Pickens County, AL · Sold

AL-116459

1240 County Road 48

$162,300
$3,015/ac · 53.83 ac
Acreage53.83 ac
Price per acre$3,015/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedSep 18, 2023
Coordinates33.2365, -88.1027
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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

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

View Pickens market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope3.8%

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.

Power12,724 ft away

A long utility run — price in solar/off-grid instead.

Buildable area45.97 of 53.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$193,089
$147,998$238,179 · $3,587/ac on 53.83 ac
Asking vs estimate
-15.9%
Priced below 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 $162,300
Maximum allowable offer
$110,336
$2,050/ac · +30.0% target margin

You need $51,964 off asking to hit this margin.

All-in cost$119,715
Net resale$177,642
Projected profit$57,927
ROI+48.4%
Annualized+69.3%
Break-even resale$2,417/ac
Profit if resale lands off target
-20%
$22,399
-10%
$40,163
0%
$57,927
+10%
$75,691
+20%
$93,455
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-356523
Dirt · Power at road
56.4Sep 15, 2025$124,6002,2102,7022.1 mi
80
AL-947282
Paved · Off grid
97.7May 17, 2026$279,8002,8643,3116.1 mi
78
AL-327532
Paved · Power at road
117.1Jul 27, 2026$306,1002,6142,6658.4 mi
75
AL-405327
Dirt · Power at road
23.7Jul 27, 2026$113,0004,7644,82910.8 mi
70
AL-165291
Gravel · Power at road
23.1Dec 17, 2025$71,4003,0912,7532.6 mi
69
AL-507021
Dirt · Off grid
80.9Mar 26, 2024$160,3001,9823,2735.7 mi
67
AL-157017
Landlocked · Power at road
80.7Dec 19, 2024$235,9002,9255,0437.2 mi
67
AL-505270
Gravel · Full utilities
22.8Dec 12, 2025$131,7005,7894,22010.1 mi
64
AL-858067
Paved · Power at road
172.6Jun 10, 2025$478,2002,7713,2797.2 mi
63
AL-754885
Dirt · Power at road
17.2Feb 26, 2025$69,3004,0294,1512.7 mi
62
Show adjustment detail for the top comp
  • Tract size (56.39 ac → 53.83 ac)+1.0%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (11 mo)+3.8%

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.