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Buchanan County, VA · Sold

VA-628130

8711 County Road 229

$1,037,600
$6,383/ac · 163 ac
Acreage163 ac
Price per acre$6,383/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedApr 8, 2026
Coordinates37.2090, -82.0466
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
12
Low risk
Wetlands8.3% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,450 ft of deeded road frontage.

Power121 ft away

Power at or near the road.

Buildable area141.61 of 162.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,073,474
$850,181$1,296,767 · $6,604/ac on 163 ac
Asking vs estimate
-3.3%
In line with 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 $1,037,600
Maximum allowable offer
$613,414
$3,773/ac · +30.0% target margin

You need $424,186 off asking to hit this margin.

All-in cost$665,554
Net resale$987,596
Projected profit$322,042
ROI+48.4%
Annualized+69.2%
Break-even resale$4,450/ac
Profit if resale lands off target
-20%
$124,523
-10%
$223,282
0%
$322,042
+10%
$420,801
+20%
$519,561
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-307566
Gravel · Power at road
108.0May 8, 2026$797,2007,3795,7706.5 mi
82
VA-687471
Landlocked · Power at road
100.8Aug 23, 2025$608,7006,0367,0238.3 mi
75
VA-216807
Landlocked · Off grid
62.3Jul 27, 2026$440,2007,0628,3242.3 mi
74
VA-557917
Paved · Off grid
139.3Apr 13, 2025$1,029,5007,3906,4238.3 mi
72
VA-647638
Gravel · Off grid
113.8Dec 1, 2025$694,7006,1035,7918.7 mi
72
VA-736413
Dirt · Full utilities
46.9Jul 27, 2026$435,8009,2995,6947.6 mi
70
VA-768699
Paved · Power at road
245.5Jan 18, 2025$1,726,9007,0346,1296.8 mi
69
VA-477588
Landlocked · Power at road
109.8Jul 26, 2024$416,4003,7944,7044.9 mi
69
VA-949704
Dirt · Off grid
508.4Nov 22, 2023$2,772,0005,4529,9375.3 mi
59
VA-869313
Gravel · Full utilities
383.0May 8, 2024$2,649,6006,9186,82010.6 mi
57
Show adjustment detail for the top comp
  • Tract size (108.04 ac → 162.56 ac)-10.1%
  • Access (Gravel → Dirt)-14.0%
  • Market time (3 mo)+1.1%

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.