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Mercer County, WV · Sold

WV-489155

1131 County Road 360

$972,100
$1,708/ac · 569 ac
Acreage569 ac
Price per acre$1,708/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedFeb 24, 2024
Coordinates37.4289, -81.1427
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

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,163 ft of deeded road frontage.

Power3,218 ft away

Service extension needed; get a utility quote.

Buildable area539.75 of 569.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$956,498
$809,836$1,103,161 · $1,680/ac on 569 ac
Asking vs estimate
+1.6%
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 $972,100
Maximum allowable offer
$546,571
$960/ac · +30.0% target margin

You need $425,529 off asking to hit this margin.

All-in cost$593,030
Net resale$879,979
Projected profit$286,949
ROI+48.4%
Annualized+69.2%
Break-even resale$1,132/ac
Profit if resale lands off target
-20%
$110,953
-10%
$198,951
0%
$286,949
+10%
$374,947
+20%
$462,945
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-879124
Gravel · Power at road
556.7May 6, 2025$961,9001,7281,8147.2 mi
80
WV-898416
Gravel · Off grid
333.3Jan 28, 2026$458,0001,3741,4135.4 mi
78
WV-998630
Paved · Power at road
389.2May 26, 2025$786,2002,0201,6107.0 mi
77
WV-809898
Gravel · Power at road
975.2Jul 27, 2026$1,737,1001,7812,1136.4 mi
76
WV-209086
Dirt · Power at road
541.5Oct 22, 2024$812,7001,5011,8553.1 mi
75
WV-909524
Gravel · Off grid
743.8Feb 19, 2024$784,8001,0551,4931.9 mi
72
WV-308295
Dirt · Power at road
305.3Apr 24, 2025$519,3001,7011,7386.1 mi
66
WV-608180
Dirt · Full utilities
280.9Nov 10, 2023$392,4001,3971,2083.6 mi
66
WV-338118
Dirt · Power at road
268.6Jun 24, 2024$489,9001,8241,8557.5 mi
60
Show adjustment detail for the top comp
  • Tract size (556.66 ac → 569.3 ac)-0.7%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (15 mo)+5.4%

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.