Comparable sales & offer analysis
Parcel AL-466426
Covington County, AL · 52.56 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$119,800
Adjusted value
$170,703
Value range
$127,952–$213,453
Comp $/acre
$3,248/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.8% versus the adjusted value.
Offer position
Max allowable offer
$97,544
Offer $/acre
$1,856/ac
Projected profit
$51,211
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 | 2,109 | 78 |
| AL-595411 | 25.2 | Aug 27, 2025 | $72,500 | 2,876 | 2,352 | 69 |
| AL-765418 | 25.3 | Nov 22, 2025 | $72,800 | 2,874 | 3,234 | 68 |
| AL-954697 | 15.0 | Jul 27, 2026 | $41,300 | 2,753 | 3,280 | 68 |
| AL-195922 | 36.5 | Dec 29, 2024 | $151,500 | 4,154 | 5,138 | 67 |
| AL-244861 | 16.9 | Dec 30, 2024 | $44,700 | 2,639 | 2,991 | 65 |
| AL-217446 | 110.0 | Dec 26, 2024 | $139,200 | 1,265 | 2,921 | 64 |
| AL-915101 | 20.1 | Aug 28, 2025 | $93,100 | 4,625 | 3,547 | 63 |
| AL-795652 | 30.0 | Jan 30, 2025 | $82,900 | 2,764 | 3,297 | 62 |
| AL-468000 | 164.4 | Mar 25, 2025 | $436,400 | 2,655 | 3,899 | 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.