Comparable sales & offer analysis
Parcel AL-803913
Madison County, AL · 8.51 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$23,200
Adjusted value
$27,617
Value range
$22,887–$32,347
Comp $/acre
$3,245/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.0% versus the adjusted value.
Offer position
Max allowable offer
$15,781
Offer $/acre
$1,854/ac
Projected profit
$8,285
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-243844 | 8.1 | Oct 15, 2025 | $34,000 | 4,199 | 4,029 | 79 |
| AL-183489 | 6.3 | Sep 27, 2025 | $15,500 | 2,479 | 2,968 | 77 |
| AL-122689 | 3.5 | Mar 19, 2026 | $12,100 | 3,434 | 2,272 | 71 |
| AL-722518 | 3.1 | Jul 27, 2026 | $19,300 | 6,230 | 2,810 | 70 |
| AL-994268 | 11.0 | Aug 18, 2024 | $55,900 | 5,080 | 3,237 | 69 |
| AL-665510 | 27.1 | Apr 19, 2026 | $86,900 | 3,210 | 3,025 | 68 |
| AL-824197 | 10.5 | Jan 29, 2024 | $48,100 | 4,596 | 4,135 | 67 |
| AL-112499 | 3.1 | Oct 8, 2025 | $11,500 | 3,753 | 3,035 | 65 |
| AL-382873 | 4.0 | Feb 5, 2024 | $15,400 | 3,832 | 3,789 | 64 |
| AL-415402 | 25.0 | Jun 6, 2024 | $80,800 | 3,230 | 3,163 | 60 |
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.