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Logan County, WV · Sold

WV-914568

3972 County Road 396

$52,500
$2,558/ac · 20.52 ac
Acreage20.52 ac
Price per acre$2,558/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedApr 27, 2024
Coordinates37.8971, -81.9260
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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

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

5 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands18.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,312 ft away

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

Buildable area15.95 of 20.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,092
$29,486$46,698 · $1,856/ac on 20.52 ac
Asking vs estimate
+37.8%
Priced above the comp set

Weighted from 6 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 $52,500
Maximum allowable offer
$21,767
$1,061/ac · +30.0% target margin

You need $30,733 off asking to hit this margin.

All-in cost$23,617
Net resale$35,045
Projected profit$11,428
ROI+48.4%
Annualized+69.2%
Break-even resale$1,251/ac
Profit if resale lands off target
-20%
$4,419
-10%
$7,923
0%
$11,428
+10%
$14,932
+20%
$18,436
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-994036
Paved · Power at road
14.0Jul 27, 2026$51,3003,6751,7257.6 mi
82
WV-706187
Gravel · Off grid
66.3Jul 6, 2026$120,1001,8111,5215.4 mi
75
WV-493774
Paved · Power at road
11.6Jul 27, 2026$51,1004,4222,0397.4 mi
75
WV-813062
Gravel · Off grid
6.9Jul 27, 2026$17,2002,5021,54211.2 mi
73
WV-515227
Gravel · Power at road
33.1Aug 23, 2025$85,8002,5951,6772.8 mi
72
WV-863457
Dirt · Off grid
9.2Feb 27, 2024$32,0003,4872,8055.9 mi
61
Show adjustment detail for the top comp
  • Tract size (13.96 ac → 20.52 ac)-4.4%
  • Access (Paved → Landlocked)-42.4%
  • 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.