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Caroline County, VA · Sold

VA-324108

2375 County Road 268

$99,500
$11,281/ac · 8.82 ac
Acreage8.82 ac
Price per acre$11,281/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedSep 17, 2024
Coordinates38.0415, -77.3430
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope4.9%

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.

PowerOn site

Power at or near the road.

Buildable area7.41 of 8.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$128,495
$92,987$164,002 · $14,569/ac on 8.82 ac
Asking vs estimate
-22.6%
Priced below the comp set

Weighted from 7 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 $99,500
Maximum allowable offer
$73,425
$8,325/ac · +30.0% target margin

You need $26,075 off asking to hit this margin.

All-in cost$79,666
Net resale$118,215
Projected profit$38,549
ROI+48.4%
Annualized+69.3%
Break-even resale$9,818/ac
Profit if resale lands off target
-20%
$14,906
-10%
$26,727
0%
$38,549
+10%
$50,370
+20%
$62,192
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-253353
Paved · Off grid
5.1Jul 27, 2026$68,40013,38415,8006.3 mi
80
VA-763922
Gravel · Off grid
7.7Nov 12, 2024$55,5007,20411,0015.5 mi
80
VA-934614
Dirt · Power at road
12.7Jul 27, 2026$83,0006,5179,5556.1 mi
79
VA-843953
Gravel · Power at road
7.9Apr 5, 2024$106,20013,45917,9117.2 mi
72
VA-225745
Paved · Full utilities
28.9Jul 5, 2026$319,00011,04610,7464.9 mi
71
VA-402790
Dirt · Off grid
3.4Mar 3, 2025$41,70012,26220,6934.7 mi
62
VA-995666
Paved · Off grid
27.3Nov 17, 2024$339,70012,45418,4133.1 mi
60
Show adjustment detail for the top comp
  • Tract size (5.11 ac → 8.82 ac)-3.2%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.