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Botetourt County, VA · Sold

VA-364227

1678 County Road 24

$124,300
$12,921/ac · 9.62 ac
Acreage9.62 ac
Price per acre$12,921/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedJun 14, 2024
Coordinates37.4824, -79.7076
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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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

778 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.56 of 9.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$130,296
$95,798$164,794 · $13,544/ac on 9.62 ac
Asking vs estimate
-4.6%
In line with the comp set

Weighted from 5 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 $124,300
Maximum allowable offer
$74,455
$7,740/ac · +30.0% target margin

You need $49,845 off asking to hit this margin.

All-in cost$80,784
Net resale$119,873
Projected profit$39,089
ROI+48.4%
Annualized+69.3%
Break-even resale$9,128/ac
Profit if resale lands off target
-20%
$15,114
-10%
$27,102
0%
$39,089
+10%
$51,076
+20%
$63,064
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-994182
Landlocked · Full utilities
9.3Jul 27, 2026$56,2006,03210,4655.0 mi
92
VA-272751
Dirt · Full utilities
3.3Jul 27, 2026$39,10011,85315,4189.6 mi
69
VA-953018
Paved · Off grid
4.0Aug 8, 2025$55,90013,93119,8589.6 mi
65
VA-486112
Dirt · Off grid
37.7Mar 14, 2026$201,2005,34112,70510.6 mi
61
VA-572405
Landlocked · Off grid
2.6Jan 25, 2026$10,8004,20610,06813.3 mi
59
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%

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.