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Caroline County, VA · Sold

VA-906721

1345 County Road 296

$437,000
$7,460/ac · 58.58 ac
Acreage58.58 ac
Price per acre$7,460/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJan 24, 2025
Coordinates38.0734, -77.3565
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

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

View Caroline market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

885 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area52.98 of 58.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$638,157
$465,579$810,734 · $10,894/ac on 58.58 ac
Asking vs estimate
-31.5%
Priced below 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 $437,000
Maximum allowable offer
$364,661
$6,225/ac · +30.0% target margin

You need $72,339 off asking to hit this margin.

All-in cost$395,657
Net resale$587,104
Projected profit$191,447
ROI+48.4%
Annualized+69.2%
Break-even resale$7,341/ac
Profit if resale lands off target
-20%
$74,026
-10%
$132,737
0%
$191,447
+10%
$250,157
+20%
$308,868
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-556822
Dirt · Off grid
63.0May 5, 2026$483,0007,66513,1473.1 mi
84
VA-716890
Dirt · Off grid
66.2Dec 18, 2025$560,3008,46214,9021.9 mi
81
VA-435905
Dirt · Off grid
32.4Jul 27, 2026$163,2005,0317,5241.6 mi
78
VA-225745
Paved · Full utilities
28.9Jul 5, 2026$319,00011,0468,2532.6 mi
77
VA-467217
Dirt · Power at road
83.9Apr 29, 2025$455,2005,4268,7965.2 mi
70
VA-277394
Paved · Off grid
95.4May 24, 2025$504,7005,2927,5644.0 mi
69
VA-516450
Gravel · Off grid
48.1Jan 9, 2024$401,5008,34012,7568.8 mi
69
VA-995666
Paved · Off grid
27.3Nov 17, 2024$339,70012,45414,1404.6 mi
63
Show adjustment detail for the top comp
  • Tract size (63.02 ac → 58.58 ac)+1.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.2%

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.