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Augusta County, VA · Sold

VA-820556

3966 County Road 298

$5,100
$7,612/ac · 0.67 ac
Acreage0.67 ac
Price per acre$7,612/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedNov 11, 2024
Coordinates38.1936, -79.1028
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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

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

View Augusta market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

112 ft of deeded road frontage.

Power6,340 ft away

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

Buildable area0.63 of 0.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,829
$3,217$4,441 · $5,715/ac on 0.67 ac
Asking vs estimate
+33.2%
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 $5,100
Maximum allowable offer
$2,188
$3,266/ac · +30.0% target margin

You need $2,912 off asking to hit this margin.

All-in cost$2,374
Net resale$3,523
Projected profit$1,149
ROI+48.4%
Annualized+69.3%
Break-even resale$3,851/ac
Profit if resale lands off target
-20%
$444
-10%
$797
0%
$1,149
+10%
$1,501
+20%
$1,853
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-750757
Paved · Power at road
0.8May 25, 2026$6,5008,3336,0677.1 mi
80
VA-940531
Paved · Power at road
0.7Jul 6, 2025$5,0007,6025,7303.7 mi
79
VA-621125
Paved · Full utilities
1.0Jul 27, 2026$8,6008,4325,0086.9 mi
77
VA-571009
Paved · Off grid
0.9Dec 13, 2025$4,0004,2743,7344.2 mi
77
VA-360833
Gravel · Off grid
0.8Jun 26, 2025$4,8005,8546,1438.9 mi
76
VA-751553
Dirt · Off grid
1.4Nov 17, 2025$7,7005,5346,6854.0 mi
71
VA-331576
Gravel · Full utilities
1.4Jul 5, 2025$11,5008,1435,9842.9 mi
70
VA-341874
Dirt · Off grid
1.8Aug 24, 2024$9,2005,2456,6797.0 mi
60
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+0.9%

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.