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Caroline County, VA · Sold

VA-402790

8635 County Road 189

$41,400
$12,176/ac · 3.40 ac
Acreage3.40 ac
Price per acre$12,176/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedFeb 21, 2024
Coordinates38.0255, -77.2586
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope17.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

371 ft of deeded road frontage.

Power1,846 ft away

Service extension needed; get a utility quote.

Buildable area2.62 of 3.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,183
$21,632$30,733 · $7,701/ac on 3.40 ac
Asking vs estimate
+58.1%
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 $41,400
Maximum allowable offer
$14,961
$4,400/ac · +30.0% target margin

You need $26,439 off asking to hit this margin.

All-in cost$16,233
Net resale$24,088
Projected profit$7,855
ROI+48.4%
Annualized+69.3%
Break-even resale$5,189/ac
Profit if resale lands off target
-20%
$3,038
-10%
$5,447
0%
$7,855
+10%
$10,264
+20%
$12,673
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-253353
Paved · Off grid
5.1Jul 27, 2026$68,40013,3849,9342.9 mi
82
VA-361827
Gravel · Power at road
1.7Dec 22, 2025$18,10010,7137,9105.6 mi
73
VA-841260
Dirt · Off grid
1.1Apr 7, 2026$6,9006,1286,0814.8 mi
72
VA-271618
Gravel · Off grid
1.4Jul 27, 2026$12,4008,5847,25810.0 mi
72
VA-592181
Gravel · Power at road
2.2May 29, 2024$22,90010,5138,3003.8 mi
71
VA-972025
Gravel · Power at road
1.9Sep 9, 2024$24,20012,3919,6553.7 mi
70
VA-763922
Gravel · Off grid
7.7Nov 12, 2024$55,5007,2046,9170.9 mi
67
VA-611864
Gravel · Off grid
1.7Jun 12, 2024$12,5007,2006,6494.8 mi
64
VA-901319
Gravel · Off grid
1.2Dec 18, 2024$7,6006,4615,8144.7 mi
62
VA-324108
Gravel · Full utilities
8.8Dec 17, 2024$102,70011,6427,8314.7 mi
61
Show adjustment detail for the top comp
  • Tract size (5.11 ac → 3.4 ac)+1.6%
  • Access (Paved → Dirt)-27.1%

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.