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Franklin County, VA · Sold

VA-787494

4305 County Road 353

$528,300
$5,152/ac · 103 ac
Acreage103 ac
Price per acre$5,152/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMar 30, 2024
Coordinates37.0229, -79.7763
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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

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope30.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,885 ft of deeded road frontage.

Power5,108 ft away

A long utility run — price in solar/off-grid instead.

Buildable area60.85 of 102.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$490,820
$398,916$582,724 · $4,786/ac on 103 ac
Asking vs estimate
+7.6%
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 $528,300
Maximum allowable offer
$280,469
$2,735/ac · +30.0% target margin

You need $247,831 off asking to hit this margin.

All-in cost$304,309
Net resale$451,554
Projected profit$147,246
ROI+48.4%
Annualized+69.2%
Break-even resale$3,225/ac
Profit if resale lands off target
-20%
$56,935
-10%
$102,090
0%
$147,246
+10%
$192,401
+20%
$237,556
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-217053
Paved · Power at road
74.5May 31, 2025$592,9007,9595,5838.1 mi
69
VA-915279
Gravel · Power at road
20.6Mar 24, 2026$199,2009,6636,1367.1 mi
69
VA-558344
Dirt · Power at road
189.8Dec 26, 2025$589,7003,1073,7067.4 mi
69
VA-108198
Dirt · Full utilities
170.8Sep 21, 2025$679,7003,9803,82212.3 mi
66
VA-955403
Dirt · Power at road
22.6Jun 29, 2024$152,0006,7405,3985.9 mi
58
VA-585896
Paved · Power at road
32.2Dec 13, 2024$235,8007,3174,42812.0 mi
54
VA-659665
Dirt · Full utilities
494.3Jul 12, 2024$1,551,1003,1384,2954.8 mi
54
Show adjustment detail for the top comp
  • Tract size (74.5 ac → 102.55 ac)-7.3%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (15 mo)+5.1%

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.