Comparable sales & offer analysis
Parcel AL-948226
Marengo County, AL · 194 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$364,800
Adjusted value
$422,226
Value range
$341,325–$503,127
Comp $/acre
$2,181/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.6% versus the adjusted value.
Offer position
Max allowable offer
$241,272
Offer $/acre
$1,246/ac
Projected profit
$126,668
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-497515 | 115.7 | Jun 8, 2026 | $409,600 | 3,540 | 2,659 | 77 |
| AL-938007 | 165.2 | Nov 21, 2024 | $317,700 | 1,923 | 1,687 | 76 |
| AL-529595 | 522.0 | Jul 27, 2026 | $711,000 | 1,362 | 1,576 | 72 |
| AL-159126 | 371.6 | Oct 5, 2025 | $558,600 | 1,503 | 2,030 | 69 |
| AL-739072 | 357.4 | Dec 20, 2025 | $1,309,700 | 3,664 | 2,704 | 67 |
| AL-179517 | 493.3 | Sep 28, 2025 | $981,800 | 1,990 | 2,342 | 64 |
| AL-586895 | 73.8 | Aug 10, 2025 | $336,500 | 4,557 | 2,315 | 62 |
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.