Comparable sales & offer analysis
Parcel AL-217446
Covington County, AL · 110 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$145,000
Adjusted value
$171,388
Value range
$123,399–$219,376
Comp $/acre
$1,557/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.4% versus the adjusted value.
Offer position
Max allowable offer
$97,936
Offer $/acre
$890/ac
Projected profit
$51,416
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-298866 | 307.8 | Apr 18, 2026 | $357,500 | 1,161 | 1,240 | 73 |
| AL-566143 | 42.8 | Feb 7, 2026 | $50,400 | 1,177 | 981 | 71 |
| AL-466426 | 52.6 | Mar 8, 2026 | $99,600 | 1,894 | 902 | 70 |
| AL-958617 | 257.0 | Jul 26, 2026 | $649,800 | 2,528 | 2,180 | 70 |
| AL-468000 | 164.4 | Mar 25, 2025 | $436,400 | 2,655 | 1,814 | 67 |
| AL-558911 | 318.0 | Dec 29, 2025 | $545,000 | 1,714 | 1,871 | 61 |
| AL-458565 | 247.5 | Aug 18, 2024 | $289,800 | 1,171 | 1,255 | 59 |
| AL-195922 | 36.5 | Dec 29, 2024 | $151,500 | 4,154 | 2,390 | 58 |
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.