Comparable sales & offer analysis
Parcel AL-298866
Covington County, AL · 308 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$360,700
Adjusted value
$486,517
Value range
$394,650–$578,385
Comp $/acre
$1,580/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.9% versus the adjusted value.
Offer position
Max allowable offer
$278,010
Offer $/acre
$903/ac
Projected profit
$145,955
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 | 2,069 | 84 |
| AL-558911 | 318.0 | Dec 29, 2025 | $545,000 | 1,714 | 1,776 | 80 |
| AL-789439 | 466.2 | Apr 17, 2026 | $983,100 | 2,109 | 1,767 | 80 |
| AL-479564 | 510.4 | Jul 27, 2026 | $580,300 | 1,137 | 1,324 | 79 |
| AL-458565 | 247.5 | Aug 18, 2024 | $289,800 | 1,171 | 1,191 | 72 |
| AL-468000 | 164.4 | Mar 25, 2025 | $436,400 | 2,655 | 1,721 | 67 |
| AL-217446 | 110.0 | Dec 26, 2024 | $139,200 | 1,265 | 1,290 | 66 |
| AL-389932 | 666.4 | Dec 22, 2023 | $1,257,500 | 1,887 | 1,342 | 57 |
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.