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Buckingham County, VA · Sold

VA-299305

1197 County Road 239

$2,882,500
$7,570/ac · 381 ac
Acreage381 ac
Price per acre$7,570/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedFeb 6, 2024
Coordinates37.6025, -78.5065
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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

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
19
Low risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5 ft away

Power at or near the road.

Buildable area323.77 of 380.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,159,831
$1,671,690$2,647,971 · $5,672/ac on 381 ac
Asking vs estimate
+33.5%
Priced above the comp set

Weighted from 8 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 $2,882,500
Maximum allowable offer
$1,234,189
$3,241/ac · +30.0% target margin

You need $1,648,311 off asking to hit this margin.

All-in cost$1,339,095
Net resale$1,987,044
Projected profit$647,949
ROI+48.4%
Annualized+69.2%
Break-even resale$3,822/ac
Profit if resale lands off target
-20%
$250,540
-10%
$449,245
0%
$647,949
+10%
$846,654
+20%
$1,045,358
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-499564
Paved · Power at road
459.4Mar 22, 2026$2,501,0005,4445,8557.3 mi
82
VA-989047
Gravel · Off grid
315.9Jul 27, 2026$1,778,8005,6317,4157.0 mi
81
VA-198280
Dirt · Power at road
181.2Jul 27, 2026$1,097,4006,0556,7303.9 mi
81
VA-779640
Gravel · Power at road
485.4May 3, 2026$2,034,8004,1925,3837.0 mi
80
VA-209780
Dirt · Full utilities
537.2Mar 3, 2026$1,581,3002,9443,7403.7 mi
77
VA-668934
Gravel · Off grid
291.1Jul 31, 2024$1,294,9004,4496,1984.6 mi
69
VA-367752
Dirt · Off grid
123.6Aug 13, 2025$630,4005,1006,2633.3 mi
68
VA-197974
Paved · Power at road
145.2Jun 17, 2025$636,8004,3863,5024.3 mi
68
Show adjustment detail for the top comp
  • Tract size (459.38 ac → 380.79 ac)+5.8%
  • Market time (5 mo)+1.7%

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.