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Botetourt County, VA · Sold

VA-827607

2438 County Road 153

$899,000
$8,078/ac · 111 ac
Acreage111 ac
Price per acre$8,078/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedNov 29, 2023
Coordinates37.6464, -79.8698
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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

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

View Botetourt market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
18
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,691 ft of deeded road frontage.

Power1,048 ft away

Service extension needed; get a utility quote.

Buildable area88.18 of 111.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$613,566
$521,231$705,900 · $5,513/ac on 111 ac
Asking vs estimate
+46.5%
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 $899,000
Maximum allowable offer
$350,609
$3,150/ac · +30.0% target margin

You need $548,391 off asking to hit this margin.

All-in cost$380,411
Net resale$564,480
Projected profit$184,070
ROI+48.4%
Annualized+69.2%
Break-even resale$3,715/ac
Profit if resale lands off target
-20%
$71,174
-10%
$127,622
0%
$184,070
+10%
$240,518
+20%
$296,966
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-447856
Gravel · Off grid
133.3May 24, 2026$694,9005,2135,5135.4 mi
85
VA-807162
Dirt · Full utilities
80.6Dec 31, 2025$564,0006,9965,37810.1 mi
76
VA-108063
Dirt · Power at road
154.9Mar 20, 2026$666,4004,3034,7148.4 mi
75
VA-968419
Gravel · Full utilities
200.4Sep 19, 2025$1,202,8006,0015,0766.6 mi
71
VA-357847
Landlocked · Full utilities
132.4Feb 22, 2025$717,7005,4196,1668.3 mi
71
VA-178228
Gravel · Off grid
174.5Jun 26, 2025$733,2004,2014,95511.8 mi
70
VA-486112
Dirt · Off grid
37.7Mar 14, 2026$201,2005,3414,9945.7 mi
68
VA-786664
Dirt · Power at road
56.2Dec 20, 2024$471,0008,3807,5625.9 mi
63
Show adjustment detail for the top comp
  • Tract size (133.29 ac → 111.29 ac)+4.7%
  • Market time (3 mo)+1.0%

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.