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Brunswick County, VA · Sold

VA-394129

8842 County Road 240

$62,700
$6,998/ac · 8.96 ac
Acreage8.96 ac
Price per acre$6,998/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedApr 18, 2024
Coordinates36.6793, -77.9683
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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

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

View Brunswick market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands12.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

644 ft of deeded road frontage.

Power13,382 ft away

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

Buildable area7.46 of 8.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$75,003
$59,153$90,853 · $8,371/ac on 8.96 ac
Asking vs estimate
-16.4%
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 $62,700
Maximum allowable offer
$42,859
$4,783/ac · +30.0% target margin

You need $19,841 off asking to hit this margin.

All-in cost$46,502
Net resale$69,003
Projected profit$22,501
ROI+48.4%
Annualized+69.2%
Break-even resale$5,641/ac
Profit if resale lands off target
-20%
$8,700
-10%
$15,600
0%
$22,501
+10%
$29,401
+20%
$36,301
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-864271
Landlocked · Off grid
9.9Jul 27, 2026$50,2005,0547,5088.7 mi
84
VA-654134
Landlocked · Off grid
9.0Apr 30, 2025$43,1004,7897,4278.1 mi
77
VA-264426
Dirt · Power at road
11.1May 13, 2025$60,2005,4215,7398.0 mi
76
VA-205033
Gravel · Off grid
17.2Nov 17, 2024$102,1005,9206,7573.6 mi
70
VA-454773
Landlocked · Full utilities
14.3Nov 29, 2024$125,6008,79610,0634.0 mi
67
VA-525656
Landlocked · Power at road
27.1Jul 27, 2026$201,4007,43810,52910.6 mi
67
VA-744502
Paved · Full utilities
11.7Jan 12, 2025$209,30017,82611,47813.4 mi
66
VA-115580
Paved · Power at road
25.6Jun 3, 2025$219,5008,5627,2616.4 mi
65
VA-425078
Gravel · Off grid
17.8Jan 9, 2025$150,9008,4699,65013.1 mi
64
VA-102498
Gravel · Off grid
2.8Apr 13, 2024$21,4007,7698,07212.3 mi
57
Show adjustment detail for the top comp
  • Tract size (9.93 ac → 8.96 ac)+0.8%
  • Access (Landlocked → Gravel)+47.1%

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.