Comparable sales & offer analysis
Parcel AL-122689
Madison County, AL · 3.51 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$14,700
Adjusted value
$18,595
Value range
$15,124–$22,066
Comp $/acre
$5,298/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$10,626
Offer $/acre
$3,027/ac
Projected profit
$5,578
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-722518 | 3.1 | Jul 27, 2026 | $19,300 | 6,230 | 4,320 | 80 |
| AL-112499 | 3.1 | Oct 8, 2025 | $11,500 | 3,753 | 4,666 | 73 |
| AL-382873 | 4.0 | Feb 5, 2024 | $15,400 | 3,832 | 5,826 | 70 |
| AL-243844 | 8.1 | Oct 15, 2025 | $34,000 | 4,199 | 6,195 | 69 |
| AL-183489 | 6.3 | Sep 27, 2025 | $15,500 | 2,479 | 4,563 | 68 |
| AL-461012 | 1.0 | Jul 27, 2026 | $7,500 | 7,188 | 7,009 | 68 |
| AL-803913 | 8.5 | Dec 15, 2024 | $20,700 | 2,435 | 4,005 | 64 |
| AL-994268 | 11.0 | Aug 18, 2024 | $55,900 | 5,080 | 4,977 | 57 |
| AL-824197 | 10.5 | Jan 29, 2024 | $48,100 | 4,596 | 6,358 | 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.