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Buchanan County, VA · Sold

VA-216807

4004 County Road 318

$450,600
$7,228/ac · 62.34 ac
Acreage62.34 ac
Price per acre$7,228/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedMar 27, 2026
Coordinates37.2415, -82.0594
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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

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

View Buchanan market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,002 ft away

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

Buildable area53.54 of 62.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$328,943
$287,895$369,991 · $5,277/ac on 62.34 ac
Asking vs estimate
+37.0%
Priced above the comp set

Weighted from 9 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 $450,600
Maximum allowable offer
$187,967
$3,015/ac · +30.0% target margin

You need $262,633 off asking to hit this margin.

All-in cost$203,944
Net resale$302,628
Projected profit$98,683
ROI+48.4%
Annualized+69.3%
Break-even resale$3,556/ac
Profit if resale lands off target
-20%
$38,158
-10%
$68,421
0%
$98,683
+10%
$128,946
+20%
$159,209
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-736413
Dirt · Full utilities
46.9Jul 27, 2026$435,8009,2994,8415.2 mi
81
VA-307566
Gravel · Power at road
108.0May 8, 2026$797,2007,3794,9064.7 mi
75
VA-628130
Dirt · Power at road
162.6Jul 27, 2026$1,020,0006,2745,3472.3 mi
74
VA-176015
Dirt · Off grid
35.1Oct 19, 2025$276,3007,8675,7552.7 mi
73
VA-687471
Landlocked · Power at road
100.8Aug 23, 2025$608,7006,0365,9726.6 mi
72
VA-647638
Gravel · Off grid
113.8Dec 1, 2025$694,7006,1034,9246.3 mi
71
VA-477588
Landlocked · Power at road
109.8Jul 26, 2024$416,4003,7944,0004.7 mi
67
VA-557917
Paved · Off grid
139.3Apr 13, 2025$1,029,5007,3905,4617.3 mi
64
VA-375446
Dirt · Full utilities
23.3Mar 29, 2025$304,50013,0896,3978.6 mi
64
Show adjustment detail for the top comp
  • Tract size (46.86 ac → 62.34 ac)-5.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.