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Charlotte County, VA · Sold

VA-132097

4903 County Road 397

$20,700
$10,049/ac · 2.06 ac
Acreage2.06 ac
Price per acre$10,049/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedMay 12, 2024
Coordinates36.9982, -78.6481
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

274 ft of deeded road frontage.

Power31 ft away

Power at or near the road.

Buildable area1.80 of 2.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,482
$20,619$32,344 · $12,855/ac on 2.06 ac
Asking vs estimate
-21.8%
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 $20,700
Maximum allowable offer
$15,132
$7,346/ac · +30.0% target margin

You need $5,568 off asking to hit this margin.

All-in cost$16,418
Net resale$24,363
Projected profit$7,945
ROI+48.4%
Annualized+69.3%
Break-even resale$8,663/ac
Profit if resale lands off target
-20%
$3,072
-10%
$5,509
0%
$7,945
+10%
$10,381
+20%
$12,817
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-442316
Paved · Full utilities
2.4Jul 14, 2026$67,20027,87016,7693.3 mi
84
VA-552499
Dirt · Off grid
2.8Jul 17, 2026$35,60012,95315,3956.1 mi
82
VA-403206
Gravel · Power at road
4.6Jul 27, 2026$42,7009,3128,2234.8 mi
75
VA-172583
Gravel · Full utilities
2.9Feb 22, 2025$41,10014,06210,6184.2 mi
75
VA-390944
Landlocked · Full utilities
0.9Jul 27, 2026$8,3009,3049,5524.6 mi
73
VA-860783
Dirt · Off grid
0.8Sep 10, 2025$9,30011,74214,1696.6 mi
70
VA-710484
Gravel · Power at road
0.6Dec 6, 2025$10,20016,00813,9635.0 mi
70
VA-273811
Paved · Full utilities
7.1Jul 27, 2026$154,40021,68013,6035.4 mi
68
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (1 mo)+0.4%

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.