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Comparable sales & offer analysis

Parcel AL-489566

Choctaw County, AL · 511 ac · Residential · Gravel · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$1,447,900
Adjusted value
$939,074
Value range
$708,789–$1,169,358
Comp $/acre
$1,837/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +54.2% versus the adjusted value.

Offer position

Max allowable offer
$536,613
Offer $/acre
$1,050/ac
Projected profit
$281,722
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
AL-659672552.0Mar 14, 2026$610,3001,1061,33985
AL-269848627.0Apr 1, 2025$1,721,4002,7452,61874
AL-889160380.9Dec 25, 2024$635,2001,6681,61372
AL-707907153.7Jul 27, 2026$617,6004,0191,68372
AL-218294203.4Sep 3, 2025$524,4002,5782,02461
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.