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Franklin County, VA · Sold

VA-108198

418 County Road 46

$693,600
$4,062/ac · 171 ac
Acreage171 ac
Price per acre$4,062/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedFeb 24, 2025
Coordinates36.9809, -79.9922
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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

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

View Franklin market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,291 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area143.09 of 170.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$853,615
$722,501$984,728 · $4,999/ac on 171 ac
Asking vs estimate
-18.7%
Priced below the comp set

Weighted from 5 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 $693,600
Maximum allowable offer
$487,780
$2,856/ac · +30.0% target margin

You need $205,820 off asking to hit this margin.

All-in cost$529,241
Net resale$785,326
Projected profit$256,084
ROI+48.4%
Annualized+69.2%
Break-even resale$3,369/ac
Profit if resale lands off target
-20%
$99,019
-10%
$177,552
0%
$256,084
+10%
$334,617
+20%
$413,149
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-558344
Dirt · Power at road
189.8Dec 26, 2025$589,7003,1074,0065.8 mi
81
VA-217053
Paved · Power at road
74.5May 31, 2025$592,9007,9596,0344.6 mi
70
VA-787494
Gravel · Off grid
102.5Aug 12, 2024$497,7004,8535,68812.3 mi
61
VA-659665
Dirt · Full utilities
494.3Jul 12, 2024$1,551,1003,1384,6428.9 mi
60
VA-585896
Paved · Power at road
32.2Dec 13, 2024$235,8007,3174,7862.2 mi
56
Show adjustment detail for the top comp
  • Tract size (189.82 ac → 170.77 ac)+2.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (8 mo)+2.7%

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.