Comparable sales & offer analysis
Parcel AL-520468
Covington County, AL · 0.70 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,000
Adjusted value
$2,123
Value range
$1,610–$2,636
Comp $/acre
$3,033/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.8% versus the adjusted value.
Offer position
Max allowable offer
$1,213
Offer $/acre
$1,733/ac
Projected profit
$637
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 | 3,760 | 78 |
| AL-431281 | 1.3 | Jul 27, 2026 | $5,700 | 4,509 | 2,165 | 77 |
| AL-630505 | 0.7 | Dec 25, 2023 | $2,400 | 3,271 | 3,653 | 77 |
| AL-122019 | 2.2 | Jul 27, 2026 | $7,200 | 3,325 | 1,966 | 69 |
| AL-510892 | 0.9 | Apr 30, 2024 | $4,900 | 5,210 | 3,914 | 68 |
| AL-701223 | 1.2 | Apr 22, 2025 | $5,200 | 4,336 | 2,673 | 66 |
| AL-711881 | 1.9 | Nov 8, 2025 | $8,100 | 4,140 | 3,032 | 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.