Comparable sales & offer analysis
Parcel AL-288229
Madison County, AL · 194 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$634,200
Adjusted value
$676,531
Value range
$587,157–$765,905
Comp $/acre
$3,486/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.3% versus the adjusted value.
Offer position
Max allowable offer
$386,589
Offer $/acre
$1,992/ac
Projected profit
$202,959
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-798312 | 206.1 | Jul 27, 2026 | $577,700 | 2,803 | 3,505 | 85 |
| AL-848033 | 168.4 | Oct 27, 2025 | $580,300 | 3,446 | 3,445 | 80 |
| AL-578525 | 240.5 | Dec 31, 2025 | $446,400 | 1,857 | 2,920 | 79 |
| AL-857241 | 94.9 | Jan 20, 2026 | $268,300 | 2,828 | 2,946 | 76 |
| AL-648598 | 253.5 | Dec 29, 2024 | $710,400 | 2,802 | 3,774 | 70 |
| AL-209832 | 619.8 | Feb 13, 2026 | $1,300,600 | 2,098 | 3,696 | 65 |
| AL-819700 | 563.3 | Oct 31, 2024 | $1,195,700 | 2,123 | 4,445 | 57 |
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.