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Caroline County, VA · Sold

VA-934614

8303 County Road 124

$92,700
$7,282/ac · 12.73 ac
Acreage12.73 ac
Price per acre$7,282/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMay 24, 2026
Coordinates37.9744, -77.4158
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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

439 ft of deeded road frontage.

Power82 ft away

Power at or near the road.

Buildable area11.73 of 12.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$118,829
$90,022$147,635 · $9,335/ac on 12.73 ac
Asking vs estimate
-22.0%
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 $92,700
Maximum allowable offer
$67,902
$5,334/ac · +30.0% target margin

You need $24,798 off asking to hit this margin.

All-in cost$73,674
Net resale$109,322
Projected profit$35,649
ROI+48.4%
Annualized+69.3%
Break-even resale$6,291/ac
Profit if resale lands off target
-20%
$13,784
-10%
$24,717
0%
$35,649
+10%
$46,581
+20%
$57,513
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-435905
Dirt · Off grid
32.4Jul 27, 2026$163,2005,0316,6976.4 mi
73
VA-253353
Paved · Off grid
5.1Jul 27, 2026$68,40013,38410,8008.9 mi
70
VA-225745
Paved · Full utilities
28.9Jul 5, 2026$319,00011,0467,3469.8 mi
69
VA-324108
Gravel · Full utilities
8.8Dec 17, 2024$102,70011,6428,5146.1 mi
68
VA-843953
Gravel · Power at road
7.9Apr 5, 2024$106,20013,45912,24313.3 mi
66
VA-995666
Paved · Off grid
27.3Nov 17, 2024$339,70012,45412,5873.0 mi
64
VA-763922
Gravel · Off grid
7.7Nov 12, 2024$55,5007,2047,5209.6 mi
63
Show adjustment detail for the top comp
  • Tract size (32.43 ac → 12.73 ac)+12.9%
  • Utilities (Off grid → Power at road)+17.6%

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.