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Botetourt County, VA · Sold

VA-931275

1506 County Road 156

$8,900
$7,876/ac · 1.13 ac
Acreage1.13 ac
Price per acre$7,876/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedFeb 15, 2025
Coordinates37.5197, -79.7168
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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

5 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands43.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power964 ft away

Service extension needed; get a utility quote.

Buildable area0.61 of 1.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,000
$9,529$14,472 · $10,620/ac on 1.13 ac
Asking vs estimate
-25.8%
Priced below the comp set

Weighted from 10 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 $8,900
Maximum allowable offer
$6,857
$6,068/ac · +30.0% target margin

You need $2,043 off asking to hit this margin.

All-in cost$7,440
Net resale$11,040
Projected profit$3,600
ROI+48.4%
Annualized+69.3%
Break-even resale$7,156/ac
Profit if resale lands off target
-20%
$1,392
-10%
$2,496
0%
$3,600
+10%
$4,704
+20%
$5,809
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-171718
Landlocked · Power at road
1.6Jul 27, 2026$13,4008,58112,7408.9 mi
82
VA-450373
Paved · Power at road
0.6Jul 27, 2026$9,40015,91313,4809.1 mi
80
VA-550489
Dirt · Off grid
0.6Apr 13, 2026$3,9006,1638,5331.8 mi
78
VA-691785
Paved · Off grid
1.6Jan 12, 2025$17,80010,84411,6285.8 mi
77
VA-340202
Dirt · Off grid
0.5Jul 6, 2026$4,7008,94512,2527.2 mi
73
VA-130566
Landlocked · Power at road
0.7May 20, 2026$3,4005,0107,43010.9 mi
72
VA-272751
Dirt · Full utilities
3.3Jul 27, 2026$39,10011,85311,6048.8 mi
68
VA-572405
Landlocked · Off grid
2.6Jan 25, 2026$10,8004,2067,57711.1 mi
67
VA-361595
Landlocked · Power at road
1.4Jun 30, 2024$7,4005,2098,39610.9 mi
66
VA-400539
Dirt · Power at road
0.7Feb 9, 2025$6,3009,59111,8399.1 mi
64
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Off grid)-15.0%

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.