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Caroline County, VA · Sold

VA-199129

3060 County Road 321

$1,752,500
$5,228/ac · 335 ac
Acreage335 ac
Price per acre$5,228/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedSep 17, 2025
Coordinates38.0540, -77.3720
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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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,525 ft of deeded road frontage.

Power5,192 ft away

A long utility run — price in solar/off-grid instead.

Buildable area315.27 of 335.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,591,720
$1,222,129$1,961,311 · $4,748/ac on 335 ac
Asking vs estimate
+10.1%
Priced above 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 $1,752,500
Maximum allowable offer
$909,554
$2,713/ac · +30.0% target margin

You need $842,946 off asking to hit this margin.

All-in cost$986,866
Net resale$1,464,383
Projected profit$477,516
ROI+48.4%
Annualized+69.2%
Break-even resale$3,200/ac
Profit if resale lands off target
-20%
$184,640
-10%
$331,078
0%
$477,516
+10%
$623,955
+20%
$770,393
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-208474
Gravel · Power at road
208.6Aug 29, 2024$1,163,3005,5784,4784.6 mi
73
VA-569308
Paved · Power at road
381.6May 19, 2024$1,734,4004,5453,7222.2 mi
73
VA-249810
Gravel · Full utilities
549.0Jan 10, 2025$3,407,1006,2065,3472.4 mi
71
VA-556822
Dirt · Off grid
63.0May 5, 2026$483,0007,6655,8212.7 mi
67
VA-716890
Dirt · Off grid
66.2Dec 18, 2025$560,3008,4626,5992.0 mi
64
VA-277394
Paved · Off grid
95.4May 24, 2025$504,7005,2923,3493.0 mi
64
VA-467217
Dirt · Power at road
83.9Apr 29, 2025$455,2005,4263,8954.2 mi
59
Show adjustment detail for the top comp
  • Tract size (208.56 ac → 335.21 ac)-12.7%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (24 mo)+8.2%

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.