← New search
Caroline County, VA · Sold

VA-208474

872 County Road 177

$1,096,400
$5,257/ac · 209 ac
Acreage209 ac
Price per acre$5,257/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMar 13, 2024
Coordinates37.9972, -77.4172
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

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope21.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,716 ft of deeded road frontage.

Power167 ft away

Power at or near the road.

Buildable area119.76 of 208.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,372,508
$1,058,567$1,686,448 · $6,581/ac on 209 ac
Asking vs estimate
-20.1%
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 $1,096,400
Maximum allowable offer
$784,290
$3,761/ac · +30.0% target margin

You need $312,110 off asking to hit this margin.

All-in cost$850,955
Net resale$1,262,707
Projected profit$411,753
ROI+48.4%
Annualized+69.2%
Break-even resale$4,435/ac
Profit if resale lands off target
-20%
$159,211
-10%
$285,482
0%
$411,753
+10%
$538,023
+20%
$664,294
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-199129
Gravel · Off grid
335.2Oct 6, 2025$1,733,2005,1717,2224.6 mi
78
VA-556822
Dirt · Off grid
63.0May 5, 2026$483,0007,6657,8495.4 mi
67
VA-467217
Dirt · Power at road
83.9Apr 29, 2025$455,2005,4265,2514.4 mi
65
VA-277394
Paved · Off grid
95.4May 24, 2025$504,7005,2924,5164.2 mi
65
VA-569308
Paved · Power at road
381.6May 19, 2024$1,734,4004,5455,0186.2 mi
64
VA-716890
Dirt · Off grid
66.2Dec 18, 2025$560,3008,4628,8975.8 mi
64
VA-249810
Gravel · Full utilities
549.0Jan 10, 2025$3,407,1006,2067,2096.4 mi
63
Show adjustment detail for the top comp
  • Tract size (335.21 ac → 208.56 ac)+14.6%
  • 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.