Comparable sales & offer analysis
Parcel AL-468000
Covington County, AL · 164 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$459,900
Adjusted value
$388,445
Value range
$287,019–$489,871
Comp $/acre
$2,363/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.4% versus the adjusted value.
Offer position
Max allowable offer
$221,969
Offer $/acre
$1,350/ac
Projected profit
$116,534
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-958617 | 257.0 | Jul 26, 2026 | $649,800 | 2,528 | 3,377 | 82 |
| AL-479564 | 510.4 | Jul 27, 2026 | $580,300 | 1,137 | 2,162 | 74 |
| AL-298866 | 307.8 | Apr 18, 2026 | $357,500 | 1,161 | 1,922 | 74 |
| AL-458565 | 247.5 | Aug 18, 2024 | $289,800 | 1,171 | 1,945 | 72 |
| AL-789439 | 466.2 | Apr 17, 2026 | $983,100 | 2,109 | 2,885 | 71 |
| AL-558911 | 318.0 | Dec 29, 2025 | $545,000 | 1,714 | 2,899 | 68 |
| AL-217446 | 110.0 | Dec 26, 2024 | $139,200 | 1,265 | 2,106 | 66 |
| AL-466426 | 52.6 | Mar 8, 2026 | $99,600 | 1,894 | 1,398 | 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.