Comparable sales & offer analysis
Parcel AL-480515
Marengo County, AL · 0.73 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,200
Adjusted value
$3,037
Value range
$2,794–$3,280
Comp $/acre
$4,161/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.4% versus the adjusted value.
Offer position
Max allowable offer
$1,736
Offer $/acre
$2,377/ac
Projected profit
$911
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-980185 | 0.6 | Oct 18, 2024 | $2,300 | 3,987 | 4,258 | 70 |
| AL-431998 | 2.1 | Jul 27, 2026 | $9,900 | 4,642 | 4,034 | 70 |
| AL-271608 | 1.6 | Jan 26, 2025 | $6,900 | 4,327 | 4,674 | 69 |
| AL-322098 | 2.3 | Aug 27, 2025 | $14,000 | 6,117 | 3,839 | 62 |
| AL-642233 | 2.5 | May 2, 2025 | $7,300 | 2,914 | 3,930 | 58 |
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.