Comparable sales & offer analysis
Parcel AL-789439
Covington County, AL · 466 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$920,500
Adjusted value
$854,346
Value range
$673,398–$1,035,295
Comp $/acre
$1,832/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.7% versus the adjusted value.
Offer position
Max allowable offer
$488,198
Offer $/acre
$1,047/ac
Projected profit
$256,304
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 | 1,602 | 81 |
| AL-298866 | 307.8 | Apr 18, 2026 | $357,500 | 1,161 | 1,424 | 80 |
| AL-958617 | 257.0 | Jul 26, 2026 | $649,800 | 2,528 | 2,502 | 75 |
| AL-558911 | 318.0 | Dec 29, 2025 | $545,000 | 1,714 | 2,148 | 69 |
| AL-468000 | 164.4 | Mar 25, 2025 | $436,400 | 2,655 | 2,082 | 64 |
| AL-389932 | 666.4 | Dec 22, 2023 | $1,257,500 | 1,887 | 1,624 | 63 |
| AL-458565 | 247.5 | Aug 18, 2024 | $289,800 | 1,171 | 1,441 | 60 |
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.