Logan County, WV · Sold

WV-817259

8428 County Road 56

$345,100

$2,394/ac · 144 ac

Offer report Market this tract

Acreage144 ac

Price per acre$2,394/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedNov 22, 2023

Coordinates37.9054, -81.8434

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

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

View Logan market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope22.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,064 ft of deeded road frontage.

Power3,064 ft away

Service extension needed; get a utility quote.

Buildable area85.80 of 144.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$293,675

$227,855 – $359,495 · $2,037/ac on 144 ac

Asking vs estimate

+17.5%

Priced above 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 $345,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$167,814

$1,164/ac · +30.0% target margin

You need $177,286 off asking to hit this margin.

All-in cost$182,078

Net resale$270,181

Projected profit$88,103

ROI+48.4%

Annualized+69.2%

Break-even resale$1,373/ac

Profit if resale lands off target

-20%

$34,066

-10%

$61,084

$88,103

+10%

$115,121

+20%

$142,139

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WV-576959 Landlocked · Power at road	116.0	Jul 27, 2026	$229,600	1,979	2,343	2.2 mi	88
WV-486839 Gravel · Power at road	106.3	Jul 27, 2026	$275,900	2,595	2,044	10.8 mi	85
WV-616820 Dirt · Off grid	104.9	Jul 27, 2026	$133,800	1,276	1,370	5.8 mi	82
WV-947856 Gravel · Off grid	222.2	Mar 26, 2026	$357,100	1,608	1,839	2.8 mi	81
WV-706187 Gravel · Off grid	66.3	Jul 6, 2026	$120,100	1,811	1,505	4.2 mi	79
WV-918089 Landlocked · Full utilities	263.0	Jul 27, 2026	$450,400	1,712	2,077	10.3 mi	78
WV-308487 Dirt · Off grid	350.9	Sep 5, 2024	$610,600	1,740	2,811	9.1 mi	60
WV-978361 Gravel · Full utilities	320.3	Mar 9, 2024	$880,200	2,748	2,640	11.9 mi	59

Show adjustment detail for the top comp

Tract size (116 ac → 144.16 ac)-5.5%
Access (Landlocked → Gravel)+47.1%
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.

Build the listing kit Post a deal or JV