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Franklin County, VA · Sold

VA-217053

224 County Road 327

$628,100
$8,431/ac · 74.50 ac
Acreage74.50 ac
Price per acre$8,431/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedAug 3, 2024
Coordinates37.0173, -79.9227
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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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands19.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power169 ft away

Power at or near the road.

Buildable area56.97 of 74.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$500,417
$422,188$578,645 · $6,717/ac on 74.50 ac
Asking vs estimate
+25.5%
Priced above 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 $628,100
Maximum allowable offer
$285,952
$3,838/ac · +30.0% target margin

You need $342,148 off asking to hit this margin.

All-in cost$310,258
Net resale$460,383
Projected profit$150,125
ROI+48.4%
Annualized+69.3%
Break-even resale$4,527/ac
Profit if resale lands off target
-20%
$58,049
-10%
$104,087
0%
$150,125
+10%
$196,164
+20%
$242,202
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-108198
Dirt · Full utilities
170.8Sep 21, 2025$679,7003,9805,7254.6 mi
71
VA-558344
Dirt · Power at road
189.8Dec 26, 2025$589,7003,1075,5521.3 mi
71
VA-585896
Paved · Power at road
32.2Dec 13, 2024$235,8007,3176,6345.4 mi
66
VA-787494
Gravel · Off grid
102.5Aug 12, 2024$497,7004,8537,8838.1 mi
66
VA-955403
Dirt · Power at road
22.6Jun 29, 2024$152,0006,7408,0863.2 mi
60
Show adjustment detail for the top comp
  • Tract size (170.77 ac → 74.5 ac)+23.2%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (11 mo)+3.8%

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.