Comparable sales & offer analysis
Parcel AL-466426
Covington County, AL · 52.56 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$119,800
Adjusted value
$169,756
Value range
$127,261–$212,252
Comp $/acre
$3,230/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.4% versus the adjusted value.
Offer position
Max allowable offer
$97,004
Offer $/acre
$1,846/ac
Projected profit
$50,927
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-566143 | 42.8 | Feb 7, 2026 | $50,400 | 1,177 | 2,098 | 79 |
| AL-595411 | 25.2 | Aug 27, 2025 | $72,500 | 2,876 | 2,340 | 70 |
| AL-954697 | 15.0 | Jul 27, 2026 | $41,300 | 2,753 | 3,262 | 69 |
| AL-765418 | 25.3 | Nov 22, 2025 | $72,800 | 2,874 | 3,216 | 69 |
| AL-195922 | 36.5 | Dec 29, 2024 | $151,500 | 4,154 | 5,112 | 68 |
| AL-244861 | 16.9 | Dec 30, 2024 | $44,700 | 2,639 | 2,976 | 66 |
| AL-217446 | 110.0 | Dec 26, 2024 | $139,200 | 1,265 | 2,906 | 64 |
| AL-915101 | 20.1 | Aug 28, 2025 | $93,100 | 4,625 | 3,528 | 64 |
| AL-795652 | 30.0 | Jan 30, 2025 | $82,900 | 2,764 | 3,280 | 63 |
| AL-468000 | 164.4 | Mar 25, 2025 | $436,400 | 2,655 | 3,878 | 58 |
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.
