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Franklin County, VA · Sold

VA-303896

5773 County Road 278

$51,300
$6,777/ac · 7.57 ac
Acreage7.57 ac
Price per acre$6,777/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedNov 22, 2023
Coordinates37.0535, -79.7723
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

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
28
Low risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

336 ft of deeded road frontage.

Power11,212 ft away

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

Buildable area6.11 of 7.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$56,026
$43,029$69,023 · $7,401/ac on 7.57 ac
Asking vs estimate
-8.4%
Priced below the comp set

Weighted from 10 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 $51,300
Maximum allowable offer
$32,015
$4,229/ac · +30.0% target margin

You need $19,285 off asking to hit this margin.

All-in cost$34,736
Net resale$51,544
Projected profit$16,808
ROI+48.4%
Annualized+69.2%
Break-even resale$4,988/ac
Profit if resale lands off target
-20%
$6,499
-10%
$11,653
0%
$16,808
+10%
$21,962
+20%
$27,117
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-683666
Gravel · Power at road
6.4Jul 27, 2026$53,7008,3807,0682.4 mi
92
VA-444032
Gravel · Full utilities
8.3Jul 27, 2026$54,0006,4694,5474.7 mi
87
VA-712529
Gravel · Off grid
2.8Jul 27, 2026$17,7006,2936,0393.2 mi
78
VA-123071
Landlocked · Off grid
4.2Dec 2, 2025$28,7006,89010,11910.7 mi
73
VA-354218
Paved · Off grid
9.6Jun 28, 2025$102,90010,7609,71113.9 mi
71
VA-582684
Gravel · Power at road
3.1Feb 20, 2026$28,3008,9957,4959.9 mi
68
VA-915279
Gravel · Power at road
20.6Mar 24, 2026$199,2009,6639,1859.0 mi
68
VA-374404
Landlocked · Off grid
10.9Aug 12, 2024$49,9004,5697,4898.4 mi
67
VA-982273
Dirt · Power at road
2.3Oct 10, 2025$17,3007,3797,1991.7 mi
65
VA-692751
Dirt · Power at road
3.3Nov 24, 2025$19,6005,9545,83412.3 mi
63
Show adjustment detail for the top comp
  • Tract size (6.41 ac → 7.57 ac)-1.0%
  • Utilities (Power at road → Off grid)-15.0%

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.