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Buckingham County, VA · Sold

VA-198280

3962 County Road 47

$1,160,000
$6,401/ac · 181 ac
Acreage181 ac
Price per acre$6,401/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJul 1, 2026
Coordinates37.6145, -78.5758
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

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

View Buckingham market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
30
Low risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope31.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,746 ft of deeded road frontage.

Power185 ft away

Power at or near the road.

Buildable area101.12 of 181.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$946,922
$711,984$1,181,860 · $5,225/ac on 181 ac
Asking vs estimate
+22.5%
Priced above 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 $1,160,000
Maximum allowable offer
$541,098
$2,986/ac · +30.0% target margin

You need $618,902 off asking to hit this margin.

All-in cost$587,091
Net resale$871,168
Projected profit$284,077
ROI+48.4%
Annualized+69.2%
Break-even resale$3,521/ac
Profit if resale lands off target
-20%
$109,843
-10%
$196,960
0%
$284,077
+10%
$371,194
+20%
$458,311
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-367752
Dirt · Off grid
123.6Aug 13, 2025$630,4005,1005,6472.3 mi
80
VA-977442
Dirt · Full utilities
98.8Apr 18, 2026$833,6008,4415,9867.5 mi
79
VA-989047
Gravel · Off grid
315.9Jul 27, 2026$1,778,8005,6316,6866.2 mi
76
VA-197974
Paved · Power at road
145.2Jun 17, 2025$636,8004,3863,1586.1 mi
75
VA-209780
Dirt · Full utilities
537.2Mar 3, 2026$1,581,3002,9443,3731.5 mi
72
VA-499564
Paved · Power at road
459.4Mar 22, 2026$2,501,0005,4445,2793.8 mi
72
VA-779640
Gravel · Power at road
485.4May 3, 2026$2,034,8004,1924,8544.7 mi
72
VA-299305
Paved · Power at road
380.8Oct 28, 2024$2,920,0007,6687,4373.9 mi
70
VA-197434
Dirt · Off grid
98.2Aug 11, 2024$374,5003,8144,1483.2 mi
67
VA-668934
Gravel · Off grid
291.1Jul 31, 2024$1,294,9004,4495,5882.3 mi
67
Show adjustment detail for the top comp
  • Tract size (123.62 ac → 181.22 ac)-9.7%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (12 mo)+4.2%

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.