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Augusta County, VA · Sold

VA-419970

5476 County Road 297

$784,000
$1,272/ac · 616 ac
Acreage616 ac
Price per acre$1,272/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedAug 19, 2023
Coordinates38.1046, -79.1306
Loading terrain…
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

5 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands14.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power2,924 ft away

Service extension needed; get a utility quote.

Buildable area501.89 of 616.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,174,729
$981,870$1,367,589 · $1,906/ac on 616 ac
Asking vs estimate
-33.3%
Priced below 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 $784,000
Maximum allowable offer
$671,274
$1,089/ac · +30.0% target margin

You need $112,726 off asking to hit this margin.

All-in cost$728,332
Net resale$1,080,751
Projected profit$352,419
ROI+48.4%
Annualized+69.2%
Break-even resale$1,284/ac
Profit if resale lands off target
-20%
$136,269
-10%
$244,344
0%
$352,419
+10%
$460,494
+20%
$568,569
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-709852
Dirt · Power at road
566.0Dec 25, 2025$1,326,9002,3451,5766.5 mi
78
VA-479344
Gravel · Full utilities
391.7Jul 27, 2026$1,643,5004,1961,73810.3 mi
75
VA-328726
Landlocked · Power at road
250.3Sep 11, 2024$813,6003,2502,2853.0 mi
64
VA-886778
Paved · Off grid
61.0Jul 27, 2026$471,4007,7212,3827.0 mi
63
VA-266922
Paved · Off grid
67.8Jun 10, 2025$319,0004,7081,5562.8 mi
57
VA-977104
Dirt · Power at road
77.3Feb 10, 2025$347,7004,4981,8096.2 mi
52
VA-956651
Landlocked · Power at road
55.7Apr 17, 2024$237,2004,2602,0824.6 mi
52
Show adjustment detail for the top comp
  • Tract size (565.95 ac → 616.46 ac)-2.6%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.7%

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.