Comparable sales & offer analysis
Parcel AL-510892
Covington County, AL · 0.95 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,600
Adjusted value
$3,833
Value range
$2,880–$4,787
Comp $/acre
$4,035/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.0% versus the adjusted value.
Offer position
Max allowable offer
$2,190
Offer $/acre
$2,306/ac
Projected profit
$1,150
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-431281 | 1.3 | Jul 27, 2026 | $5,700 | 4,509 | 3,176 | 80 |
| AL-951070 | 1.1 | Jun 24, 2026 | $5,800 | 5,313 | 5,515 | 77 |
| AL-122019 | 2.2 | Jul 27, 2026 | $7,200 | 3,325 | 2,883 | 77 |
| AL-701223 | 1.2 | Apr 22, 2025 | $5,200 | 4,336 | 3,921 | 73 |
| AL-520468 | 0.7 | Apr 26, 2025 | $2,000 | 2,786 | 4,333 | 71 |
| AL-630505 | 0.7 | Dec 25, 2023 | $2,400 | 3,271 | 5,359 | 68 |
| AL-542228 | 2.5 | Jul 15, 2025 | $5,500 | 2,191 | 2,721 | 66 |
| AL-711881 | 1.9 | Nov 8, 2025 | $8,100 | 4,140 | 4,447 | 66 |
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.