Comparable sales & offer analysis
Parcel AL-479564
Covington County, AL · 510 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$628,700
Adjusted value
$697,589
Value range
$556,996–$838,183
Comp $/acre
$1,367/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.9% versus the adjusted value.
Offer position
Max allowable offer
$398,623
Offer $/acre
$781/ac
Projected profit
$209,277
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-558911 | 318.0 | Dec 29, 2025 | $545,000 | 1,714 | 1,536 | 78 |
| AL-789439 | 466.2 | Apr 17, 2026 | $983,100 | 2,109 | 1,529 | 77 |
| AL-298866 | 307.8 | Apr 18, 2026 | $357,500 | 1,161 | 1,018 | 75 |
| AL-958617 | 257.0 | Jul 26, 2026 | $649,800 | 2,528 | 1,790 | 73 |
| AL-458565 | 247.5 | Aug 18, 2024 | $289,800 | 1,171 | 1,030 | 72 |
| AL-389932 | 666.4 | Dec 22, 2023 | $1,257,500 | 1,887 | 1,161 | 68 |
| AL-468000 | 164.4 | Mar 25, 2025 | $436,400 | 2,655 | 1,489 | 64 |
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.