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Boone County, WV · Sold

WV-938686

228 County Road 196

$778,000
$1,920/ac · 405 ac
Acreage405 ac
Price per acre$1,920/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedOct 11, 2024
Coordinates38.0918, -81.6201
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

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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope27.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area229.57 of 405.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$604,358
$483,190$725,527 · $1,491/ac on 405 ac
Asking vs estimate
+28.7%
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 $778,000
Maximum allowable offer
$345,348
$852/ac · +30.0% target margin

You need $432,652 off asking to hit this margin.

All-in cost$374,703
Net resale$556,010
Projected profit$181,307
ROI+48.4%
Annualized+69.2%
Break-even resale$1,005/ac
Profit if resale lands off target
-20%
$70,105
-10%
$125,706
0%
$181,307
+10%
$236,908
+20%
$292,509
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-788898
Gravel · Off grid
472.6Jul 27, 2026$446,7009451,4242.0 mi
92
WV-688398
Dirt · Off grid
329.0Jul 27, 2026$221,0006721,0563.0 mi
88
WV-937966
Dirt · Off grid
240.6Jul 27, 2026$322,1001,3391,9239.9 mi
78
WV-547332
Paved · Full utilities
152.0Jul 27, 2026$325,1002,1391,3748.3 mi
72
WV-879898
Paved · Power at road
975.2Jul 27, 2026$1,346,4001,3811,87010.7 mi
69
WV-147426
Dirt · Off grid
162.7Oct 25, 2025$145,7008951,1906.5 mi
65
WV-369201
Landlocked · Off grid
588.6Nov 28, 2024$406,3006901,74811.1 mi
65
WV-198265
Dirt · Power at road
298.8Mar 8, 2024$297,3009951,42310.4 mi
64
Show adjustment detail for the top comp
  • Tract size (472.59 ac → 405.31 ac)+4.7%
  • Utilities (Off grid → Full utilities)+43.5%

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.