Comparable sales & offer analysis
Parcel AL-183489
Madison County, AL · 6.26 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,800
Adjusted value
$17,661
Value range
$14,152–$21,171
Comp $/acre
$2,821/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.8% versus the adjusted value.
Offer position
Max allowable offer
$10,092
Offer $/acre
$1,612/ac
Projected profit
$5,298
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 | 3,510 | 78 |
| AL-722518 | 3.1 | Jul 27, 2026 | $19,300 | 6,230 | 2,448 | 73 |
| AL-803913 | 8.5 | Dec 15, 2024 | $20,700 | 2,435 | 2,269 | 73 |
| AL-122689 | 3.5 | Mar 19, 2026 | $12,100 | 3,434 | 1,980 | 70 |
| AL-112499 | 3.1 | Oct 8, 2025 | $11,500 | 3,753 | 2,644 | 70 |
| AL-382873 | 4.0 | Feb 5, 2024 | $15,400 | 3,832 | 3,300 | 68 |
| AL-824197 | 10.5 | Jan 29, 2024 | $48,100 | 4,596 | 3,601 | 68 |
| AL-994268 | 11.0 | Aug 18, 2024 | $55,900 | 5,080 | 2,819 | 67 |
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.