Comparable sales & offer analysis
Parcel AL-389932
Covington County, AL · 666 ac · Mixed Use · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,325,100
Adjusted value
$1,619,499
Value range
$1,272,700–$1,966,298
Comp $/acre
$2,430/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.2% versus the adjusted value.
Offer position
Max allowable offer
$925,428
Offer $/acre
$1,389/ac
Projected profit
$485,850
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-479564 | 510.4 | Jul 27, 2026 | $580,300 | 1,137 | 2,069 | 82 |
| AL-789439 | 466.2 | Apr 17, 2026 | $983,100 | 2,109 | 2,761 | 74 |
| AL-558911 | 318.0 | Dec 29, 2025 | $545,000 | 1,714 | 2,774 | 69 |
| AL-958617 | 257.0 | Jul 26, 2026 | $649,800 | 2,528 | 3,232 | 69 |
| AL-298866 | 307.8 | Apr 18, 2026 | $357,500 | 1,161 | 1,839 | 68 |
| AL-458565 | 247.5 | Aug 18, 2024 | $289,800 | 1,171 | 1,861 | 59 |
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.