Comparable sales & offer analysis
Parcel AL-630505
Covington County, AL · 0.72 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,300
Adjusted value
$2,037
Value range
$1,516–$2,557
Comp $/acre
$2,829/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.9% versus the adjusted value.
Offer position
Max allowable offer
$1,164
Offer $/acre
$1,616/ac
Projected profit
$611
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-951070 | 1.1 | Jun 24, 2026 | $5,800 | 5,313 | 3,759 | 83 |
| AL-520468 | 0.7 | Apr 26, 2025 | $2,000 | 2,786 | 2,953 | 81 |
| AL-431281 | 1.3 | Jul 27, 2026 | $5,700 | 4,509 | 2,165 | 75 |
| AL-711881 | 1.9 | Nov 8, 2025 | $8,100 | 4,140 | 3,031 | 72 |
| AL-510892 | 0.9 | Apr 30, 2024 | $4,900 | 5,210 | 3,914 | 69 |
| AL-122019 | 2.2 | Jul 27, 2026 | $7,200 | 3,325 | 1,965 | 67 |
| AL-701223 | 1.2 | Apr 22, 2025 | $5,200 | 4,336 | 2,672 | 64 |
| AL-542228 | 2.5 | Jul 15, 2025 | $5,500 | 2,191 | 1,854 | 61 |
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.