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Mercer County, WV · Sold

WV-998630

5177 County Road 162

$896,500
$2,303/ac · 389 ac
Acreage389 ac
Price per acre$2,303/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedOct 24, 2024
Coordinates37.3282, -81.1476
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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope12.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power226 ft away

Power at or near the road.

Buildable area302.64 of 389.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$859,171
$725,035$993,308 · $2,208/ac on 389 ac
Asking vs estimate
+4.3%
In line with 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 $896,500
Maximum allowable offer
$490,955
$1,261/ac · +30.0% target margin

You need $405,545 off asking to hit this margin.

All-in cost$532,686
Net resale$790,438
Projected profit$257,751
ROI+48.4%
Annualized+69.2%
Break-even resale$1,488/ac
Profit if resale lands off target
-20%
$99,664
-10%
$178,708
0%
$257,751
+10%
$336,795
+20%
$415,839
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-898416
Gravel · Off grid
333.3Jan 28, 2026$458,0001,3741,8645.1 mi
83
WV-879124
Gravel · Power at road
556.7May 6, 2025$961,9001,7282,3933.4 mi
79
WV-308295
Dirt · Power at road
305.3Apr 24, 2025$519,3001,7012,2922.6 mi
76
WV-809898
Gravel · Power at road
975.2Jul 27, 2026$1,737,1001,7812,7872.9 mi
75
WV-489155
Paved · Off grid
569.3Apr 13, 2024$914,7001,6072,3287.0 mi
73
WV-338118
Dirt · Power at road
268.6Jun 24, 2024$489,9001,8242,4471.4 mi
71
WV-209086
Dirt · Power at road
541.5Oct 22, 2024$812,7001,5012,4477.5 mi
69
WV-608180
Dirt · Full utilities
280.9Nov 10, 2023$392,4001,3971,5949.7 mi
68
WV-909524
Gravel · Off grid
743.8Feb 19, 2024$784,8001,0551,9697.4 mi
61
WV-146926
Gravel · Power at road
113.3Apr 16, 2025$234,6002,0721,8319.0 mi
59
Show adjustment detail for the top comp
  • Tract size (333.31 ac → 389.2 ac)-4.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.3%

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.