Comparable sales & offer analysis
Parcel AL-389387
Cullman County, AL · 449 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$570,900
Adjusted value
$738,707
Value range
$580,968–$896,445
Comp $/acre
$1,645/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.7% versus the adjusted value.
Offer position
Max allowable offer
$422,118
Offer $/acre
$940/ac
Projected profit
$221,612
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-559977 | 688.4 | May 4, 2026 | $921,300 | 1,338 | 1,550 | 76 |
| AL-828540 | 243.1 | Jul 27, 2026 | $429,900 | 1,768 | 1,752 | 74 |
| AL-748559 | 246.5 | Mar 31, 2025 | $353,400 | 1,434 | 1,279 | 69 |
| AL-418096 | 176.2 | Jul 26, 2025 | $452,900 | 2,570 | 1,397 | 68 |
| AL-308336 | 209.7 | May 11, 2024 | $851,500 | 4,061 | 2,321 | 61 |
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.