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Walker County, AL · Sold

AL-285376

4811 County Road 240

$77,600
$3,158/ac · 24.57 ac
Acreage24.57 ac
Price per acre$3,158/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedApr 21, 2024
Coordinates33.7964, -87.3803
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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

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

View Walker market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power143 ft away

Power at or near the road.

Buildable area19.47 of 24.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$90,386
$79,847$100,926 · $3,679/ac on 24.57 ac
Asking vs estimate
-14.1%
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 $77,600
Maximum allowable offer
$51,649
$2,102/ac · +30.0% target margin

You need $25,951 off asking to hit this margin.

All-in cost$56,039
Net resale$83,155
Projected profit$27,116
ROI+48.4%
Annualized+69.3%
Break-even resale$2,479/ac
Profit if resale lands off target
-20%
$10,485
-10%
$18,801
0%
$27,116
+10%
$35,432
+20%
$43,747
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AL-675707
Dirt · Full utilities
31.2Jul 16, 2026$135,2004,3312,9233.9 mi
87
AL-224389
Gravel · Power at road
12.0May 2, 2026$78,5006,5304,1342.8 mi
75
AL-544599
Landlocked · Off grid
14.0Aug 8, 2025$45,5003,2553,7282.0 mi
74
AL-885314
Dirt · Power at road
23.5Jun 30, 2024$108,6004,6253,9587.1 mi
74
AL-904867
Gravel · Power at road
17.0Dec 4, 2025$91,1005,3593,5769.0 mi
73
AL-724736
Gravel · Off grid
15.4Jan 8, 2026$71,0004,5963,5558.2 mi
72
AL-214656
Dirt · Power at road
14.6Apr 1, 2025$66,4004,5573,5736.4 mi
69
AL-736185
Gravel · Power at road
44.1May 11, 2025$190,6004,3193,4116.5 mi
68
AL-966737
Paved · Power at road
65.8Apr 9, 2025$321,0004,8763,5569.0 mi
66
AL-733803
Dirt · Full utilities
7.9Jan 29, 2025$58,9007,4954,6028.1 mi
62
Show adjustment detail for the top comp
  • Tract size (31.22 ac → 24.57 ac)+3.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.