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Mercer County, WV · Sold

WV-209086

2273 County Road 58

$763,100
$1,409/ac · 542 ac
Acreage542 ac
Price per acre$1,409/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedDec 29, 2023
Coordinates37.4281, -81.1997
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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

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

View Mercer market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power21 ft away

Power at or near the road.

Buildable area480.51 of 541.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$791,796
$671,879$911,713 · $1,462/ac on 542 ac
Asking vs estimate
-3.6%
In line with 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 $763,100
Maximum allowable offer
$452,455
$835/ac · +30.0% target margin

You need $310,645 off asking to hit this margin.

All-in cost$490,914
Net resale$728,452
Projected profit$237,538
ROI+48.4%
Annualized+69.2%
Break-even resale$985/ac
Profit if resale lands off target
-20%
$91,848
-10%
$164,693
0%
$237,538
+10%
$310,383
+20%
$383,229
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-809898
Gravel · Power at road
975.2Jul 27, 2026$1,737,1001,7811,8398.1 mi
81
WV-879124
Gravel · Power at road
556.7May 6, 2025$961,9001,7281,5799.0 mi
76
WV-489155
Paved · Off grid
569.3Apr 13, 2024$914,7001,6071,5363.1 mi
73
WV-998630
Paved · Power at road
389.2May 26, 2025$786,2002,0201,4027.5 mi
71
WV-308295
Dirt · Power at road
305.3Apr 24, 2025$519,3001,7011,5135.6 mi
71
WV-898416
Gravel · Off grid
333.3Jan 28, 2026$458,0001,3741,2307.9 mi
71
WV-338118
Dirt · Power at road
268.6Jun 24, 2024$489,9001,8241,6157.5 mi
70
WV-909524
Gravel · Off grid
743.8Feb 19, 2024$784,8001,0551,2991.3 mi
69
WV-608180
Dirt · Full utilities
280.9Nov 10, 2023$392,4001,3971,0522.6 mi
66
Show adjustment detail for the top comp
  • Tract size (975.21 ac → 541.54 ac)+19.8%
  • Access (Gravel → Dirt)-14.0%

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.