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Charlotte County, VA · Sold

VA-390944

8978 County Road 398

$9,800
$11,011/ac · 0.89 ac
Acreage0.89 ac
Price per acre$11,011/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedApr 4, 2026
Coordinates36.9602, -78.7166
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

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

View Charlotte market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope15.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area0.70 of 0.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,788
$9,893$13,683 · $13,245/ac on 0.89 ac
Asking vs estimate
-16.9%
Priced below the comp set

Weighted from 8 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 $9,800
Maximum allowable offer
$6,736
$7,569/ac · +30.0% target margin

You need $3,064 off asking to hit this margin.

All-in cost$7,309
Net resale$10,845
Projected profit$3,536
ROI+48.4%
Annualized+69.3%
Break-even resale$8,926/ac
Profit if resale lands off target
-20%
$1,367
-10%
$2,452
0%
$3,536
+10%
$4,621
+20%
$5,705
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-860783
Dirt · Off grid
0.8Sep 10, 2025$9,30011,74213,8332.1 mi
79
VA-442316
Paved · Full utilities
2.4Jul 14, 2026$67,20027,87016,3702.9 mi
74
VA-710484
Gravel · Power at road
0.6Dec 6, 2025$10,20016,00813,6319.5 mi
72
VA-552499
Dirt · Off grid
2.8Jul 17, 2026$35,60012,95315,0293.8 mi
70
VA-110298
Landlocked · Power at road
0.6Oct 24, 2024$5,5009,85312,8906.0 mi
68
VA-270084
Gravel · Off grid
0.5Feb 24, 2025$6,20013,00813,4236.1 mi
65
VA-132097
Dirt · Power at road
2.1Jun 7, 2024$17,8008,6229,1914.6 mi
60
VA-172583
Gravel · Full utilities
2.9Feb 22, 2025$41,10014,06210,3656.6 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (11 mo)+3.9%

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.