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Buchanan County, VA · Sold

VA-873488

246 County Road 197

$78,300
$13,908/ac · 5.63 ac
Acreage5.63 ac
Price per acre$13,908/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedMay 23, 2025
Coordinates37.2012, -82.0721
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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

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands36.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

402 ft of deeded road frontage.

Power221 ft away

Power at or near the road.

Buildable area3.41 of 5.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$86,887
$76,037$97,737 · $15,433/ac on 5.63 ac
Asking vs estimate
-9.9%
Priced below the comp set

Weighted from 7 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 $78,300
Maximum allowable offer
$49,650
$8,819/ac · +30.0% target margin

You need $28,650 off asking to hit this margin.

All-in cost$53,870
Net resale$79,936
Projected profit$26,066
ROI+48.4%
Annualized+69.2%
Break-even resale$10,400/ac
Profit if resale lands off target
-20%
$10,078
-10%
$18,072
0%
$26,066
+10%
$34,059
+20%
$42,053
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-733505
Gravel · Off grid
5.7Jul 27, 2026$55,4009,71313,5225.6 mi
85
VA-143458
Dirt · Power at road
5.5Feb 23, 2025$51,4009,33013,5812.1 mi
80
VA-713939
Dirt · Full utilities
7.8Apr 2, 2026$97,80012,52614,5822.1 mi
79
VA-732409
Landlocked · Full utilities
2.6Jul 27, 2026$29,30011,37415,7561.0 mi
76
VA-642395
Landlocked · Power at road
2.5Jul 13, 2025$21,3008,35214,7251.0 mi
70
VA-574556
Gravel · Power at road
12.2Oct 22, 2025$166,00013,59817,5203.8 mi
70
VA-114942
Dirt · Power at road
16.1May 5, 2026$205,60012,73719,2077.9 mi
68
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.