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Amherst County, VA · Sold

VA-649750

1605 County Road 136

$3,191,700
$6,072/ac · 526 ac
Acreage526 ac
Price per acre$6,072/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 18, 2025
Coordinates37.5662, -79.2050
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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

4 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands34.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power147 ft away

Power at or near the road.

Buildable area329.58 of 525.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,706,923
$2,116,491$3,297,355 · $5,150/ac on 526 ac
Asking vs estimate
+17.9%
Priced above the comp set

Weighted from 8 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 $3,191,700
Maximum allowable offer
$1,546,813
$2,943/ac · +30.0% target margin

You need $1,644,887 off asking to hit this margin.

All-in cost$1,678,292
Net resale$2,490,369
Projected profit$812,077
ROI+48.4%
Annualized+69.2%
Break-even resale$3,470/ac
Profit if resale lands off target
-20%
$314,003
-10%
$563,040
0%
$812,077
+10%
$1,061,114
+20%
$1,310,151
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-468397
Gravel · Power at road
197.3Jul 27, 2026$1,772,2008,9856,7649.2 mi
74
VA-788956
Dirt · Off grid
295.7Nov 24, 2025$964,1003,2603,8746.6 mi
69
VA-938595
Gravel · Power at road
227.7Oct 23, 2025$1,237,9005,4374,3978.8 mi
69
VA-889110
Paved · Power at road
330.6Nov 23, 2024$2,707,7008,1906,4827.8 mi
67
VA-578281
Landlocked · Power at road
181.3Aug 30, 2025$1,016,3005,6046,2929.2 mi
62
VA-258735
Landlocked · Power at road
252.0Oct 1, 2024$932,3003,7004,7248.3 mi
62
VA-888196
Gravel · Full utilities
170.5Feb 1, 2024$1,080,2006,3354,1471.5 mi
61
VA-358423
Paved · Full utilities
201.0Dec 13, 2023$1,477,2007,3494,2881.8 mi
60
Show adjustment detail for the top comp
  • Tract size (197.25 ac → 525.64 ac)-24.9%

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.