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Halifax County, VA · Sold

VA-348761

151 County Road 62

$1,013,600
$3,948/ac · 257 ac
Acreage257 ac
Price per acre$3,948/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedAug 7, 2024
Coordinates36.8157, -78.9213
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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

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

View Halifax market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands46.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area131.23 of 256.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,124,984
$999,803$1,250,165 · $4,381/ac on 257 ac
Asking vs estimate
-9.9%
Priced below the comp set

Weighted from 8 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 $1,013,600
Maximum allowable offer
$642,848
$2,504/ac · +30.0% target margin

You need $370,752 off asking to hit this margin.

All-in cost$697,490
Net resale$1,034,985
Projected profit$337,495
ROI+48.4%
Annualized+69.2%
Break-even resale$2,953/ac
Profit if resale lands off target
-20%
$130,498
-10%
$233,996
0%
$337,495
+10%
$440,993
+20%
$544,492
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-148870
Landlocked · Full utilities
277.9Jul 27, 2026$828,1002,9805,3021.2 mi
94
VA-658214
Paved · Off grid
172.8Jul 27, 2026$591,5003,4244,4085.9 mi
81
VA-458359
Gravel · Full utilities
191.9Jul 27, 2026$777,1004,0504,41211.2 mi
79
VA-889541
Gravel · Full utilities
451.8Feb 15, 2026$1,311,0002,9024,1275.1 mi
79
VA-137131
Paved · Full utilities
78.8Jul 27, 2026$495,2006,2824,6184.6 mi
75
VA-497323
Dirt · Full utilities
90.6Jul 27, 2026$311,9003,4433,5883.7 mi
73
VA-957475
Gravel · Power at road
101.1Dec 26, 2023$342,6003,3874,2175.4 mi
63
VA-667409
Dirt · Power at road
96.4Jul 31, 2025$290,6003,0144,0527.3 mi
62
Show adjustment detail for the top comp
  • Tract size (277.86 ac → 256.76 ac)+2.3%
  • Access (Landlocked → Paved)+73.5%

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.