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Franklin County, VA · Sold

VA-110039

5924 County Road 184

$2,800
$6,087/ac · 0.46 ac
Acreage0.46 ac
Price per acre$6,087/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedAug 11, 2024
Coordinates37.0553, -79.9330
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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
39
Moderate risk
Wetlands33.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

173 ft of deeded road frontage.

Power4,408 ft away

Service extension needed; get a utility quote.

Buildable area0.29 of 0.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,415
$2,842$3,989 · $7,425/ac on 0.46 ac
Asking vs estimate
-18.0%
Priced below 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 $2,800
Maximum allowable offer
$1,952
$4,243/ac · +30.0% target margin

You need $848 off asking to hit this margin.

All-in cost$2,118
Net resale$3,142
Projected profit$1,024
ROI+48.4%
Annualized+69.2%
Break-even resale$5,005/ac
Profit if resale lands off target
-20%
$396
-10%
$710
0%
$1,024
+10%
$1,338
+20%
$1,653
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-250281
Gravel · Power at road
0.6Jun 19, 2026$3,9007,1186,09610.9 mi
81
VA-712529
Gravel · Off grid
2.8Jul 27, 2026$17,7006,2936,4586.0 mi
73
VA-321504
Gravel · Power at road
1.3Jul 27, 2026$15,20011,3549,7618.7 mi
71
VA-982273
Dirt · Power at road
2.3Oct 10, 2025$17,3007,3797,6998.1 mi
62
VA-552093
Gravel · Full utilities
2.0Mar 7, 2025$21,40010,4517,8495.6 mi
59
VA-582684
Gravel · Power at road
3.1Feb 20, 2026$28,3008,9958,01512.9 mi
58
VA-692751
Dirt · Power at road
3.3Nov 24, 2025$19,6005,9546,23910.0 mi
55
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.7%

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.