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Caroline County, VA · Sold

VA-569308

2251 County Road 113

$1,764,400
$4,623/ac · 382 ac
Acreage382 ac
Price per acre$4,623/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedNov 15, 2023
Coordinates38.0562, -77.3314
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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

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

View Caroline market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands49.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power89 ft away

Power at or near the road.

Buildable area183.08 of 381.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,322,109
$1,914,627$2,729,591 · $6,085/ac on 382 ac
Asking vs estimate
-24.0%
Priced below the comp set

Weighted from 5 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 $1,764,400
Maximum allowable offer
$1,326,919
$3,477/ac · +30.0% target margin

You need $437,481 off asking to hit this margin.

All-in cost$1,439,707
Net resale$2,136,340
Projected profit$696,633
ROI+48.4%
Annualized+69.2%
Break-even resale$4,101/ac
Profit if resale lands off target
-20%
$269,365
-10%
$482,999
0%
$696,633
+10%
$910,267
+20%
$1,123,901
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-199129
Gravel · Off grid
335.2Oct 6, 2025$1,733,2005,1717,1582.2 mi
79
VA-249810
Gravel · Full utilities
549.0Jan 10, 2025$3,407,1006,2067,1443.6 mi
75
VA-277394
Paved · Off grid
95.4May 24, 2025$504,7005,2924,4755.2 mi
66
VA-208474
Gravel · Power at road
208.6Aug 29, 2024$1,163,3005,5785,9836.2 mi
65
VA-467217
Dirt · Power at road
83.9Apr 29, 2025$455,2005,4265,2046.4 mi
58
Show adjustment detail for the top comp
  • Tract size (335.21 ac → 381.62 ac)-3.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.6%

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.