Albemarle County, VA · Sold

VA-837211

876 County Road 279

$348,000

$4,166/ac · 83.54 ac

Offer report Market this tract

Acreage83.54 ac

Price per acre$4,166/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedJan 26, 2025

Coordinates37.9499, -78.4493

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Albemarle County, Virginia. Shenandoah and Southside tracts with easement upside.

View Albemarle market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands24.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,294 ft of deeded road frontage.

Power10,652 ft away

A long utility run — price in solar/off-grid instead.

Buildable area59.84 of 83.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$348,926

$308,681 – $389,170 · $4,177/ac on 83.54 ac

Asking vs estimate

-0.3%

In line with the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $348,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$199,386

$2,387/ac · +30.0% target margin

You need $148,614 off asking to hit this margin.

All-in cost$216,334

Net resale$321,012

Projected profit$104,678

ROI+48.4%

Annualized+69.2%

Break-even resale$2,815/ac

Profit if resale lands off target

-20%

$40,475

-10%

$72,577

$104,678

+10%

$136,779

+20%

$168,880

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
VA-396856 Gravel · Full utilities	64.6	Jul 27, 2026	$470,500	7,284	4,126	11.3 mi	82
VA-967323 Dirt · Full utilities	90.6	Sep 2, 2024	$418,300	4,618	3,549	8.4 mi	78
VA-418168 Landlocked · Off grid	167.1	Jul 27, 2026	$450,300	2,695	4,075	9.5 mi	74
VA-985578 Gravel · Off grid	25.6	Mar 29, 2026	$178,800	6,988	4,858	12.3 mi	69
VA-655650 Gravel · Power at road	27.0	Jul 27, 2026	$205,400	7,617	4,475	8.6 mi	67
VA-958397 Dirt · Power at road	197.3	Dec 3, 2023	$785,800	3,984	4,708	12.2 mi	62
VA-445547 Gravel · Off grid	25.0	May 3, 2024	$117,200	4,684	3,501	12.3 mi	58

Show adjustment detail for the top comp

Tract size (64.59 ac → 83.54 ac)-5.7%
Access (Gravel → Dirt)-14.0%
Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV