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Louisa County, VA · Sold

VA-117159

1121 County Road 240

$285,800
$3,553/ac · 80.45 ac
Acreage80.45 ac
Price per acre$3,553/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJan 8, 2024
Coordinates38.0472, -77.9969
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

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

View Louisa market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,048 ft away

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

Buildable area72.91 of 80.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$405,879
$324,953$486,804 · $5,045/ac on 80.45 ac
Asking vs estimate
-29.6%
Priced below 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 $285,800
Maximum allowable offer
$231,931
$2,883/ac · +30.0% target margin

You need $53,869 off asking to hit this margin.

All-in cost$251,645
Net resale$373,408
Projected profit$121,763
ROI+48.4%
Annualized+69.2%
Break-even resale$3,400/ac
Profit if resale lands off target
-20%
$47,082
-10%
$84,422
0%
$121,763
+10%
$159,104
+20%
$196,445
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-327169
Paved · Off grid
81.0Jul 27, 2026$780,6009,6345,5736.5 mi
87
VA-586894
Gravel · Off grid
66.4Apr 3, 2026$445,5006,7104,4363.6 mi
83
VA-397416
Dirt · Power at road
96.9Jun 23, 2026$443,3004,5753,2346.8 mi
80
VA-318113
Gravel · Off grid
160.6Jul 27, 2026$738,1004,5973,7308.0 mi
79
VA-527010
Gravel · Full utilities
72.2May 29, 2025$930,30012,8826,2578.8 mi
73
VA-158718
Dirt · Full utilities
248.9Jun 11, 2026$1,860,4007,4755,5802.4 mi
70
VA-678445
Gravel · Power at road
204.2Jun 3, 2026$1,766,4008,6496,4125.6 mi
70
VA-168041
Gravel · Power at road
152.4Oct 15, 2025$1,102,0007,2305,0794.5 mi
70
VA-746747
Dirt · Power at road
59.7Jul 22, 2024$504,7008,4555,7785.4 mi
68
VA-516542
Gravel · Power at road
51.5Sep 15, 2024$431,0008,3764,7453.6 mi
67
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%

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.