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Mercer County, WV · Sold

WV-879124

8608 County Road 117

$1,064,100
$1,912/ac · 557 ac
Acreage557 ac
Price per acre$1,912/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedApr 12, 2024
Coordinates37.3339, -81.0865
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,539 ft of deeded road frontage.

Power211 ft away

Power at or near the road.

Buildable area502.91 of 556.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$940,221
$797,129$1,083,313 · $1,689/ac on 557 ac
Asking vs estimate
+13.2%
Priced above 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 $1,064,100
Maximum allowable offer
$537,269
$965/ac · +30.0% target margin

You need $526,831 off asking to hit this margin.

All-in cost$582,937
Net resale$865,003
Projected profit$282,067
ROI+48.4%
Annualized+69.2%
Break-even resale$1,138/ac
Profit if resale lands off target
-20%
$109,066
-10%
$195,566
0%
$282,067
+10%
$368,567
+20%
$455,067
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-809898
Gravel · Power at road
975.2Jul 27, 2026$1,737,1001,7812,1210.9 mi
84
WV-898416
Gravel · Off grid
333.3Jan 28, 2026$458,0001,3741,4192.8 mi
81
WV-998630
Paved · Power at road
389.2May 26, 2025$786,2002,0201,6163.4 mi
79
WV-489155
Paved · Off grid
569.3Apr 13, 2024$914,7001,6071,7727.2 mi
76
WV-209086
Dirt · Power at road
541.5Oct 22, 2024$812,7001,5011,8629.0 mi
74
WV-308295
Dirt · Power at road
305.3Apr 24, 2025$519,3001,7011,7445.7 mi
69
WV-909524
Gravel · Off grid
743.8Feb 19, 2024$784,8001,0551,4988.5 mi
68
WV-338118
Dirt · Power at road
268.6Jun 24, 2024$489,9001,8241,8634.7 mi
64
WV-608180
Dirt · Full utilities
280.9Nov 10, 2023$392,4001,3971,21310.7 mi
62
Show adjustment detail for the top comp
  • Tract size (975.21 ac → 556.66 ac)+18.8%

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.