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Mingo County, WV · Sold

WV-769138

6516 County Road 303

$523,300
$931/ac · 562 ac
Acreage562 ac
Price per acre$931/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedAug 21, 2023
Coordinates37.7701, -82.2330
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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
27
Low risk
Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,924 ft of deeded road frontage.

Power12,934 ft away

A long utility run — price in solar/off-grid instead.

Buildable area456.22 of 562.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$774,951
$632,911$916,990 · $1,378/ac on 562 ac
Asking vs estimate
-32.5%
Priced below 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 $523,300
Maximum allowable offer
$442,829
$787/ac · +30.0% target margin

You need $80,471 off asking to hit this margin.

All-in cost$480,469
Net resale$712,955
Projected profit$232,485
ROI+48.4%
Annualized+69.2%
Break-even resale$929/ac
Profit if resale lands off target
-20%
$89,894
-10%
$161,190
0%
$232,485
+10%
$303,781
+20%
$375,076
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-478591
Dirt · Off grid
378.4Jul 27, 2026$675,7001,7861,8485.3 mi
81
WV-808189
Gravel · Power at road
282.8Jul 11, 2026$457,8001,6191,1264.4 mi
78
WV-308734
Paved · Off grid
419.6Jun 22, 2025$698,3001,6641,3530.4 mi
77
WV-959880
Dirt · Off grid
962.6Feb 22, 2026$1,125,3001,1691,6369.4 mi
77
WV-999219
Dirt · Power at road
596.3Dec 9, 2024$763,3001,2801,3792.0 mi
76
WV-738092
Paved · Off grid
263.6Apr 9, 2025$468,1001,7761,2705.8 mi
66
WV-867812
Dirt · Power at road
215.2Jul 24, 2024$279,7001,3001,0532.8 mi
61
WV-557821
Landlocked · Power at road
216.6Jul 9, 2024$256,6001,1851,2184.5 mi
59
Show adjustment detail for the top comp
  • Tract size (378.36 ac → 562.33 ac)-11.2%
  • Access (Dirt → Gravel)+16.3%

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.