Comparable sales & offer analysis
Parcel AL-701223
Covington County, AL · 1.21 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,200
Adjusted value
$5,988
Value range
$4,430–$7,546
Comp $/acre
$4,949/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.2% versus the adjusted value.
Offer position
Max allowable offer
$3,422
Offer $/acre
$2,828/ac
Projected profit
$1,796
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 | 3,726 | 89 |
| AL-122019 | 2.2 | Jul 27, 2026 | $7,200 | 3,325 | 3,383 | 81 |
| AL-951070 | 1.1 | Jun 24, 2026 | $5,800 | 5,313 | 6,471 | 77 |
| AL-510892 | 0.9 | Apr 30, 2024 | $4,900 | 5,210 | 6,737 | 69 |
| AL-711881 | 1.9 | Nov 8, 2025 | $8,100 | 4,140 | 5,218 | 67 |
| AL-520468 | 0.7 | Apr 26, 2025 | $2,000 | 2,786 | 5,084 | 66 |
| AL-542228 | 2.5 | Jul 15, 2025 | $5,500 | 2,191 | 3,192 | 64 |
| AL-630505 | 0.7 | Dec 25, 2023 | $2,400 | 3,271 | 6,287 | 60 |
| AL-712620 | 3.3 | Nov 18, 2024 | $8,700 | 2,590 | 4,937 | 56 |
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.