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Louisa County, VA · Sold

VA-678445

403 County Road 289

$1,889,200
$9,250/ac · 204 ac
Acreage204 ac
Price per acre$9,250/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJun 14, 2025
Coordinates37.9659, -78.0037
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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

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

View Louisa market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands42.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

3,634 ft of deeded road frontage.

Power214 ft away

Power at or near the road.

Buildable area112.34 of 204.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,330,047
$1,052,600$1,607,493 · $6,512/ac on 204 ac
Asking vs estimate
+42.0%
Priced above the comp set

Weighted from 10 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 $1,889,200
Maximum allowable offer
$760,027
$3,721/ac · +30.0% target margin

You need $1,129,173 off asking to hit this margin.

All-in cost$824,629
Net resale$1,223,643
Projected profit$399,014
ROI+48.4%
Annualized+69.2%
Break-even resale$4,389/ac
Profit if resale lands off target
-20%
$154,285
-10%
$276,649
0%
$399,014
+10%
$521,378
+20%
$643,742
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-318113
Gravel · Off grid
160.6Jul 27, 2026$738,1004,5975,0743.0 mi
86
VA-168041
Gravel · Power at road
152.4Oct 15, 2025$1,102,0007,2306,9084.5 mi
83
VA-158718
Dirt · Full utilities
248.9Jun 11, 2026$1,860,4007,4757,5903.7 mi
82
VA-397416
Dirt · Power at road
96.9Jun 23, 2026$443,3004,5754,3992.7 mi
76
VA-298941
Gravel · Power at road
292.5May 21, 2025$1,181,6004,0394,7075.7 mi
75
VA-327169
Paved · Off grid
81.0Jul 27, 2026$780,6009,6347,5814.6 mi
72
VA-586894
Gravel · Off grid
66.4Apr 3, 2026$445,5006,7106,0342.1 mi
71
VA-919424
Paved · Off grid
415.1Sep 6, 2025$2,319,1005,5877,1114.2 mi
68
VA-527010
Gravel · Full utilities
72.2May 29, 2025$930,30012,8828,5113.4 mi
66
VA-746747
Dirt · Power at road
59.7Jul 22, 2024$504,7008,4557,8590.3 mi
62
Show adjustment detail for the top comp
  • Tract size (160.57 ac → 204.23 ac)-6.4%
  • Utilities (Off grid → Power at road)+17.6%

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.