Comparable sales & offer analysis
Parcel AL-122019
Covington County, AL · 2.16 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,600
Adjusted value
$9,715
Value range
$6,998–$12,431
Comp $/acre
$4,498/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.5% versus the adjusted value.
Offer position
Max allowable offer
$5,551
Offer $/acre
$2,570/ac
Projected profit
$2,914
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-542228 | 2.5 | Jul 15, 2025 | $5,500 | 2,191 | 3,162 | 80 |
| AL-431281 | 1.3 | Jul 27, 2026 | $5,700 | 4,509 | 3,691 | 78 |
| AL-711881 | 1.9 | Nov 8, 2025 | $8,100 | 4,140 | 5,168 | 74 |
| AL-701223 | 1.2 | Apr 22, 2025 | $5,200 | 4,336 | 4,556 | 72 |
| AL-783035 | 4.5 | Jul 27, 2026 | $20,400 | 4,531 | 3,245 | 71 |
| AL-951070 | 1.1 | Jun 24, 2026 | $5,800 | 5,313 | 6,409 | 70 |
| AL-510892 | 0.9 | Apr 30, 2024 | $4,900 | 5,210 | 6,672 | 65 |
| AL-712620 | 3.3 | Nov 18, 2024 | $8,700 | 2,590 | 4,890 | 65 |
| AL-273542 | 6.5 | Jan 16, 2025 | $13,900 | 2,129 | 2,764 | 64 |
| AL-583493 | 6.3 | Feb 20, 2025 | $22,700 | 3,615 | 4,721 | 62 |
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.