Comparable sales & offer analysis
Parcel AL-578525
Madison County, AL · 240 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$473,900
Adjusted value
$559,994
Value range
$494,174–$625,815
Comp $/acre
$2,329/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.4% versus the adjusted value.
Offer position
Max allowable offer
$319,997
Offer $/acre
$1,331/ac
Projected profit
$167,998
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 | 2,299 | 83 |
| AL-848033 | 168.4 | Oct 27, 2025 | $580,300 | 3,446 | 2,260 | 74 |
| AL-648598 | 253.5 | Dec 29, 2024 | $710,400 | 2,802 | 2,475 | 72 |
| AL-288229 | 194.1 | Mar 19, 2024 | $562,500 | 2,899 | 2,105 | 72 |
| AL-857241 | 94.9 | Jan 20, 2026 | $268,300 | 2,828 | 1,932 | 70 |
| AL-209832 | 619.8 | Feb 13, 2026 | $1,300,600 | 2,098 | 2,424 | 69 |
| AL-819700 | 563.3 | Oct 31, 2024 | $1,195,700 | 2,123 | 2,916 | 59 |
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.