Comparable sales & offer analysis
Parcel AL-828540
Cullman County, AL · 243 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$514,800
Adjusted value
$385,223
Value range
$298,771–$471,674
Comp $/acre
$1,585/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.6% versus the adjusted value.
Offer position
Max allowable offer
$220,127
Offer $/acre
$906/ac
Projected profit
$115,567
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-748559 | 246.5 | Mar 31, 2025 | $353,400 | 1,434 | 1,301 | 79 |
| AL-418096 | 176.2 | Jul 26, 2025 | $452,900 | 2,570 | 1,421 | 72 |
| AL-389387 | 449.0 | Jan 17, 2026 | $557,200 | 1,241 | 1,300 | 70 |
| AL-559977 | 688.4 | May 4, 2026 | $921,300 | 1,338 | 1,577 | 70 |
| AL-817182 | 90.9 | Jun 16, 2026 | $280,200 | 3,083 | 1,635 | 69 |
| AL-308336 | 209.7 | May 11, 2024 | $851,500 | 4,061 | 2,362 | 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.