← New search
Buchanan County, VA · Sold

VA-176015

8468 County Road 283

$307,000
$8,741/ac · 35.12 ac
Acreage35.12 ac
Price per acre$8,741/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedDec 20, 2024
Coordinates37.2804, -82.0670
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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,365 ft of deeded road frontage.

Power11,450 ft away

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

Buildable area26.99 of 35.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$285,464
$235,522$335,406 · $8,128/ac on 35.12 ac
Asking vs estimate
+7.5%
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 $307,000
Maximum allowable offer
$163,122
$4,645/ac · +30.0% target margin

You need $143,878 off asking to hit this margin.

All-in cost$176,987
Net resale$262,627
Projected profit$85,639
ROI+48.4%
Annualized+69.3%
Break-even resale$5,478/ac
Profit if resale lands off target
-20%
$33,114
-10%
$59,377
0%
$85,639
+10%
$111,902
+20%
$138,165
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-736413
Dirt · Full utilities
46.9Jul 27, 2026$435,8009,2996,8472.8 mi
85
VA-216807
Landlocked · Off grid
62.3Jul 27, 2026$440,2007,06210,0092.7 mi
80
VA-114942
Dirt · Power at road
16.1May 5, 2026$205,60012,7379,8102.5 mi
76
VA-307566
Gravel · Power at road
108.0May 8, 2026$797,2007,3796,9383.2 mi
73
VA-375446
Dirt · Full utilities
23.3Mar 29, 2025$304,50013,0899,0486.8 mi
71
VA-687471
Landlocked · Power at road
100.8Aug 23, 2025$608,7006,0368,4454.9 mi
68
VA-647638
Gravel · Off grid
113.8Dec 1, 2025$694,7006,1036,9643.8 mi
66
VA-574556
Gravel · Power at road
12.2Oct 22, 2025$166,00013,5988,9497.4 mi
62
VA-477588
Landlocked · Power at road
109.8Jul 26, 2024$416,4003,7945,6575.5 mi
58
Show adjustment detail for the top comp
  • Tract size (46.86 ac → 35.12 ac)+5.4%
  • 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.