Comparable sales & offer analysis
Parcel AL-824197
Madison County, AL · 10.46 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$45,700
Adjusted value
$40,076
Value range
$33,728–$46,424
Comp $/acre
$3,831/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.0% versus the adjusted value.
Offer position
Max allowable offer
$22,901
Offer $/acre
$2,189/ac
Projected profit
$12,023
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-994268 | 11.0 | Aug 18, 2024 | $55,900 | 5,080 | 4,003 | 80 |
| AL-243844 | 8.1 | Oct 15, 2025 | $34,000 | 4,199 | 4,984 | 75 |
| AL-183489 | 6.3 | Sep 27, 2025 | $15,500 | 2,479 | 3,671 | 74 |
| AL-665510 | 27.1 | Apr 19, 2026 | $86,900 | 3,210 | 3,742 | 70 |
| AL-803913 | 8.5 | Dec 15, 2024 | $20,700 | 2,435 | 3,222 | 69 |
| AL-122689 | 3.5 | Mar 19, 2026 | $12,100 | 3,434 | 2,811 | 66 |
| AL-415402 | 25.0 | Jun 6, 2024 | $80,800 | 3,230 | 3,912 | 66 |
| AL-722518 | 3.1 | Jul 27, 2026 | $19,300 | 6,230 | 3,477 | 63 |
| AL-382873 | 4.0 | Feb 5, 2024 | $15,400 | 3,832 | 4,686 | 58 |
| AL-112499 | 3.1 | Oct 8, 2025 | $11,500 | 3,753 | 3,754 | 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.