Comparable sales & offer analysis
Parcel AL-159126
Marengo County, AL · 372 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$600,000
Adjusted value
$607,287
Value range
$474,248–$740,326
Comp $/acre
$1,634/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.2% versus the adjusted value.
Offer position
Max allowable offer
$347,021
Offer $/acre
$934/ac
Projected profit
$182,186
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-529595 | 522.0 | Jul 27, 2026 | $711,000 | 1,362 | 1,209 | 83 |
| AL-739072 | 357.4 | Dec 20, 2025 | $1,309,700 | 3,664 | 2,074 | 77 |
| AL-179517 | 493.3 | Sep 28, 2025 | $981,800 | 1,990 | 1,797 | 71 |
| AL-497515 | 115.7 | Jun 8, 2026 | $409,600 | 3,540 | 2,040 | 70 |
| AL-938007 | 165.2 | Nov 21, 2024 | $317,700 | 1,923 | 1,295 | 65 |
| AL-948226 | 193.6 | Apr 12, 2024 | $314,500 | 1,624 | 1,376 | 63 |
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.