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Boone County, WV · Sold

WV-369201

1963 County Road 219

$418,900
$712/ac · 589 ac
Acreage589 ac
Price per acre$712/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedFeb 29, 2024
Coordinates38.0010, -81.7888
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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

Boone County, West Virginia. Steep timber and hunting acreage; the East's cheapest per acre.

View Boone market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
72
High risk
Wetlands42.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,648 ft away

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

Buildable area319.84 of 588.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$399,872
$316,940$482,805 · $679/ac on 589 ac
Asking vs estimate
+4.8%
In line with the comp set

Weighted from 6 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 $418,900
Maximum allowable offer
$228,499
$388/ac · +30.0% target margin

You need $190,401 off asking to hit this margin.

All-in cost$247,921
Net resale$367,883
Projected profit$119,961
ROI+48.4%
Annualized+69.2%
Break-even resale$458/ac
Profit if resale lands off target
-20%
$46,385
-10%
$83,173
0%
$119,961
+10%
$156,749
+20%
$193,538
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-788898
Gravel · Off grid
472.6Jul 27, 2026$446,7009456039.7 mi
82
WV-879898
Paved · Power at road
975.2Jul 27, 2026$1,346,4001,3817921.8 mi
79
WV-688398
Dirt · Off grid
329.0Jul 27, 2026$221,0006724478.2 mi
76
WV-937966
Dirt · Off grid
240.6Jul 27, 2026$322,1001,3398142.7 mi
76
WV-938686
Gravel · Full utilities
405.3Nov 4, 2024$734,4001,81282511.1 mi
64
WV-198265
Dirt · Power at road
298.8Mar 8, 2024$297,3009956029.9 mi
59
Show adjustment detail for the top comp
  • Tract size (472.59 ac → 588.59 ac)-6.4%
  • Access (Gravel → Landlocked)-32.0%

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.