Comparable sales & offer analysis
Parcel AL-583493
Covington County, AL · 6.28 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,900
Adjusted value
$20,328
Value range
$15,858–$24,798
Comp $/acre
$3,237/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.6% versus the adjusted value.
Offer position
Max allowable offer
$11,616
Offer $/acre
$1,850/ac
Projected profit
$6,098
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-783035 | 4.5 | Jul 27, 2026 | $20,400 | 4,531 | 2,654 | 76 |
| AL-954697 | 15.0 | Jul 27, 2026 | $41,300 | 2,753 | 3,457 | 72 |
| AL-122019 | 2.2 | Jul 27, 2026 | $7,200 | 3,325 | 2,740 | 71 |
| AL-273542 | 6.5 | Jan 16, 2025 | $13,900 | 2,129 | 2,260 | 69 |
| AL-394000 | 9.1 | Apr 3, 2025 | $30,300 | 3,341 | 4,230 | 68 |
| AL-542228 | 2.5 | Jul 15, 2025 | $5,500 | 2,191 | 2,586 | 65 |
| AL-711881 | 1.9 | Nov 8, 2025 | $8,100 | 4,140 | 4,227 | 63 |
| AL-934064 | 9.5 | Dec 5, 2024 | $23,400 | 2,459 | 2,689 | 62 |
| AL-712620 | 3.3 | Nov 18, 2024 | $8,700 | 2,590 | 3,999 | 62 |
| AL-915101 | 20.1 | Aug 28, 2025 | $93,100 | 4,625 | 3,739 | 61 |
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.