Comparable sales & offer analysis
Parcel AL-389387
Cullman County, AL · 449 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$570,900
Adjusted value
$734,583
Value range
$577,982–$891,184
Comp $/acre
$1,636/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.3% versus the adjusted value.
Offer position
Max allowable offer
$419,762
Offer $/acre
$935/ac
Projected profit
$220,375
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 | 1,542 | 77 |
| AL-828540 | 243.1 | Jul 27, 2026 | $429,900 | 1,768 | 1,742 | 76 |
| AL-748559 | 246.5 | Mar 31, 2025 | $353,400 | 1,434 | 1,272 | 70 |
| AL-418096 | 176.2 | Jul 26, 2025 | $452,900 | 2,570 | 1,389 | 68 |
| AL-308336 | 209.7 | May 11, 2024 | $851,500 | 4,061 | 2,309 | 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.