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Charlotte County, VA · Sold

VA-784802

7388 County Road 197

$216,600
$14,846/ac · 14.59 ac
Acreage14.59 ac
Price per acre$14,846/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 28, 2026
Coordinates37.0548, -78.6222
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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

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

View Charlotte market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
19
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power124 ft away

Power at or near the road.

Buildable area13.02 of 14.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$176,181
$130,740$221,621 · $12,075/ac on 14.59 ac
Asking vs estimate
+22.9%
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 $216,600
Maximum allowable offer
$100,675
$6,900/ac · +30.0% target margin

You need $115,925 off asking to hit this margin.

All-in cost$109,232
Net resale$162,086
Projected profit$52,854
ROI+48.4%
Annualized+69.2%
Break-even resale$8,138/ac
Profit if resale lands off target
-20%
$20,436
-10%
$36,645
0%
$52,854
+10%
$69,062
+20%
$85,271
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-273811
Paved · Full utilities
7.1Jul 27, 2026$154,40021,68014,2338.0 mi
77
VA-314357
Dirt · Off grid
10.6Mar 20, 2025$93,5008,84512,4334.7 mi
75
VA-634165
Dirt · Off grid
9.2Jan 26, 2026$122,10013,27317,8272.9 mi
75
VA-403206
Gravel · Power at road
4.6Jul 27, 2026$42,7009,3128,6046.8 mi
73
VA-125624
Gravel · Off grid
26.5Mar 20, 2026$186,7007,0579,1079.0 mi
73
VA-835414
Landlocked · Off grid
22.7Nov 8, 2025$111,9004,9229,2756.0 mi
71
VA-286513
Dirt · Power at road
50.4Mar 17, 2026$450,4008,94012,7715.6 mi
67
Show adjustment detail for the top comp
  • Tract size (7.12 ac → 14.59 ac)-5.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.