Comparable sales & offer analysis
Parcel AL-244861
Covington County, AL · 16.92 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$51,800
Adjusted value
$45,747
Value range
$34,928–$56,567
Comp $/acre
$2,704/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.2% versus the adjusted value.
Offer position
Max allowable offer
$26,141
Offer $/acre
$1,545/ac
Projected profit
$13,724
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-954697 | 15.0 | Jul 27, 2026 | $41,300 | 2,753 | 3,107 | 82 |
| AL-915101 | 20.1 | Aug 28, 2025 | $93,100 | 4,625 | 3,361 | 75 |
| AL-595411 | 25.2 | Aug 27, 2025 | $72,500 | 2,876 | 2,229 | 75 |
| AL-765418 | 25.3 | Nov 22, 2025 | $72,800 | 2,874 | 3,064 | 72 |
| AL-466426 | 52.6 | Mar 8, 2026 | $99,600 | 1,894 | 1,838 | 72 |
| AL-566143 | 42.8 | Feb 7, 2026 | $50,400 | 1,177 | 1,999 | 71 |
| AL-394000 | 9.1 | Apr 3, 2025 | $30,300 | 3,341 | 3,802 | 68 |
| AL-273542 | 6.5 | Jan 16, 2025 | $13,900 | 2,129 | 2,032 | 64 |
| AL-934064 | 9.5 | Dec 5, 2024 | $23,400 | 2,459 | 2,417 | 64 |
| AL-795652 | 30.0 | Jan 30, 2025 | $82,900 | 2,764 | 3,124 | 62 |
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.