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Mercer County, WV · Sold

WV-955712

8494 County Road 29

$113,600
$2,417/ac · 47.00 ac
Acreage47.00 ac
Price per acre$2,417/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedDec 31, 2023
Coordinates37.3882, -81.0245
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

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

2 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power16 ft away

Power at or near the road.

Buildable area44.02 of 47.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,921
$91,757$132,086 · $2,381/ac on 47.00 ac
Asking vs estimate
+1.5%
In line with the comp set

Weighted from 7 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 $113,600
Maximum allowable offer
$63,955
$1,361/ac · +30.0% target margin

You need $49,645 off asking to hit this margin.

All-in cost$69,391
Net resale$102,968
Projected profit$33,577
ROI+48.4%
Annualized+69.3%
Break-even resale$1,605/ac
Profit if resale lands off target
-20%
$12,983
-10%
$23,280
0%
$33,577
+10%
$43,873
+20%
$54,170
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-996083
Dirt · Power at road
61.5Jul 27, 2026$167,5002,7242,2815.1 mi
83
WV-144587
Gravel · Off grid
20.8May 24, 2026$55,1002,6481,8722.6 mi
77
WV-574622
Dirt · Power at road
21.3Aug 16, 2025$77,2003,6172,6174.5 mi
73
WV-224491
Dirt · Power at road
19.4Sep 7, 2025$63,0003,2472,3154.9 mi
72
WV-146926
Gravel · Power at road
113.3Apr 16, 2025$234,6002,0721,8145.5 mi
69
WV-376586
Dirt · Full utilities
88.5Jan 11, 2026$359,5004,0613,0978.9 mi
69
WV-874527
Gravel · Power at road
19.9Mar 29, 2025$88,6004,4482,7868.9 mi
62
Show adjustment detail for the top comp
  • Tract size (61.5 ac → 47 ac)+5.7%
  • Access (Dirt → Landlocked)-20.9%

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.