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Mingo County, WV · Sold

WV-467351

9412 County Road 114

$439,100
$2,850/ac · 154 ac
Acreage154 ac
Price per acre$2,850/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 7, 2024
Coordinates37.7489, -82.0615
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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

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

View Mingo market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands48.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,266 ft of deeded road frontage.

Power1,146 ft away

Service extension needed; get a utility quote.

Buildable area75.10 of 154.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$328,749
$249,688$407,810 · $2,133/ac on 154 ac
Asking vs estimate
+33.6%
Priced above the comp set

Weighted from 8 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 $439,100
Maximum allowable offer
$187,857
$1,219/ac · +30.0% target margin

You need $251,243 off asking to hit this margin.

All-in cost$203,825
Net resale$302,449
Projected profit$98,624
ROI+48.4%
Annualized+69.2%
Break-even resale$1,438/ac
Profit if resale lands off target
-20%
$38,134
-10%
$68,379
0%
$98,624
+10%
$128,869
+20%
$159,114
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-808189
Gravel · Power at road
282.8Jul 11, 2026$457,8001,6191,6375.8 mi
77
WV-336580
Gravel · Power at road
88.2Jan 2, 2025$324,1003,6772,8963.6 mi
74
WV-478591
Dirt · Off grid
378.4Jul 27, 2026$675,7001,7862,6866.0 mi
73
WV-557821
Landlocked · Power at road
216.6Jul 9, 2024$256,6001,1851,7705.3 mi
67
WV-738092
Paved · Off grid
263.6Apr 9, 2025$468,1001,7761,8479.9 mi
67
WV-867812
Dirt · Power at road
215.2Jul 24, 2024$279,7001,3001,53010.1 mi
65
WV-308734
Paved · Off grid
419.6Jun 22, 2025$698,3001,6641,9679.6 mi
62
WV-335762
Dirt · Power at road
48.7Aug 19, 2025$167,8003,4432,7016.1 mi
61
Show adjustment detail for the top comp
  • Tract size (282.76 ac → 154.09 ac)+18.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (1 mo)+0.4%

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.