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Lincoln County, WV · Sold

WV-202660

2483 County Road 228

$23,400
$4,544/ac · 5.15 ac
Acreage5.15 ac
Price per acre$4,544/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMar 7, 2026
Coordinates38.1915, -82.1566
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

Lincoln County, West Virginia. Steep timber and hunting acreage; the East's cheapest per acre.

View Lincoln market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
55
Moderate risk
Wetlands49.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

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.

Power2,812 ft away

Service extension needed; get a utility quote.

Buildable area2.50 of 5.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,720
$15,529$23,911 · $3,829/ac on 5.15 ac
Asking vs estimate
+18.7%
Priced above the comp set

Weighted from 9 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 $23,400
Maximum allowable offer
$11,269
$2,188/ac · +30.0% target margin

You need $12,131 off asking to hit this margin.

All-in cost$12,227
Net resale$18,142
Projected profit$5,915
ROI+48.4%
Annualized+69.2%
Break-even resale$2,581/ac
Profit if resale lands off target
-20%
$2,287
-10%
$4,101
0%
$5,915
+10%
$7,730
+20%
$9,544
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-582722
Gravel · Off grid
5.4Jul 27, 2026$24,0004,4464,4668.3 mi
88
WV-182160
Gravel · Off grid
3.6Jul 27, 2026$10,1002,8112,7779.8 mi
81
WV-893774
Gravel · Off grid
11.6Jul 27, 2026$50,9004,4064,6592.8 mi
80
WV-351760
Gravel · Power at road
2.7Jan 21, 2026$16,3006,0825,1703.0 mi
79
WV-562799
Paved · Off grid
5.7Mar 17, 2024$23,2004,0763,8237.1 mi
72
WV-872046
Gravel · Power at road
3.3Nov 9, 2024$13,9004,2233,7908.8 mi
68
WV-441787
Landlocked · Power at road
2.7Feb 18, 2025$5,9002,1662,8131.8 mi
68
WV-921377
Dirt · Power at road
2.0Jan 27, 2026$7,3003,6003,5337.6 mi
66
WV-421402
Landlocked · Off grid
2.1Jun 18, 2025$4,2002,0163,0207.6 mi
64
Show adjustment detail for the top comp

    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.