Comparable sales & offer analysis
Parcel AL-604008
Choctaw County, AL · 9.12 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$47,800
Adjusted value
$58,887
Value range
$47,096–$70,678
Comp $/acre
$6,457/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.8% versus the adjusted value.
Offer position
Max allowable offer
$33,650
Offer $/acre
$3,690/ac
Projected profit
$17,666
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| AL-194072 | 9.6 | May 13, 2025 | $36,900 | 3,863 | 4,590 | 81 |
| AL-914011 | 9.1 | Dec 8, 2024 | $43,000 | 4,700 | 6,906 | 80 |
| AL-264166 | 10.2 | Jul 27, 2024 | $40,700 | 3,983 | 4,366 | 77 |
| AL-573489 | 6.3 | Nov 24, 2025 | $29,300 | 4,687 | 8,180 | 72 |
| AL-634969 | 18.3 | Jan 3, 2026 | $101,100 | 5,526 | 6,820 | 71 |
| AL-815486 | 26.6 | Jul 27, 2026 | $115,200 | 4,329 | 7,882 | 71 |
| AL-775371 | 24.5 | Dec 22, 2025 | $130,900 | 5,348 | 7,186 | 69 |
| AL-802366 | 2.8 | May 14, 2025 | $13,400 | 4,834 | 6,676 | 62 |
| AL-382453 | 3.0 | Apr 26, 2024 | $20,200 | 6,817 | 5,802 | 56 |
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.