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Amherst County, VA · Sold

VA-487304

8978 County Road 393

$897,000
$10,038/ac · 89.36 ac
Acreage89.36 ac
Price per acre$10,038/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 1, 2024
Coordinates37.6088, -79.1135
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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

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

View Amherst market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

850 ft of deeded road frontage.

Power244 ft away

Power at or near the road.

Buildable area75.04 of 89.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$746,905
$551,241$942,569 · $8,358/ac on 89.36 ac
Asking vs estimate
+20.1%
Priced above the comp set

Weighted from 10 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 $897,000
Maximum allowable offer
$426,803
$4,776/ac · +30.0% target margin

You need $470,197 off asking to hit this margin.

All-in cost$463,081
Net resale$687,153
Projected profit$224,071
ROI+48.4%
Annualized+69.2%
Break-even resale$5,633/ac
Profit if resale lands off target
-20%
$86,641
-10%
$155,356
0%
$224,071
+10%
$292,787
+20%
$361,502
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-887148
Gravel · Off grid
79.8Jul 27, 2026$408,8005,1235,8812.2 mi
88
VA-117689
Dirt · Power at road
118.1Jan 12, 2026$574,3004,8626,2084.7 mi
83
VA-927258
Dirt · Off grid
86.4Apr 11, 2026$440,1005,0927,0117.1 mi
81
VA-127038
Gravel · Power at road
73.7Aug 1, 2025$459,0006,2286,2143.7 mi
80
VA-627506
Dirt · Full utilities
103.4Feb 13, 2026$971,4009,3919,4723.5 mi
80
VA-468397
Gravel · Power at road
197.3Jul 27, 2026$1,772,2008,98511,0656.4 mi
78
VA-938595
Gravel · Power at road
227.7Oct 23, 2025$1,237,9005,4377,1933.2 mi
76
VA-467228
Paved · Off grid
84.6Jun 20, 2024$983,00011,62312,4735.0 mi
73
VA-236293
Dirt · Power at road
43.0Jun 27, 2025$367,6008,5578,9058.0 mi
70
VA-578281
Landlocked · Power at road
181.3Aug 30, 2025$1,016,3005,60410,2939.8 mi
66
Show adjustment detail for the top comp
  • Tract size (79.81 ac → 89.36 ac)-2.6%
  • Utilities (Off grid → Power at road)+17.6%

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.