Nicholas County, WV · Sold

WV-563741

4108 County Road 204

$29,500

$2,618/ac · 11.27 ac

Offer report Market this tract

Acreage11.27 ac

Price per acre$2,618/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedNov 22, 2024

Coordinates38.3007, -80.8102

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

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

View Nicholas market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands0.0% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

409 ft of deeded road frontage.

Power5,276 ft away

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

Buildable area10.71 of 11.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$23,072

$18,169 – $27,975 · $2,047/ac on 11.27 ac

Asking vs estimate

+27.9%

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 $29,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$13,184

$1,170/ac · +30.0% target margin

You need $16,316 off asking to hit this margin.

All-in cost$14,305

Net resale$21,226

Projected profit$6,921

ROI+48.4%

Annualized+69.2%

Break-even resale$1,380/ac

Profit if resale lands off target

-20%

$2,676

-10%

$4,799

$6,921

+10%

$9,044

+20%

$11,167

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WV-695185 Dirt · Off grid	32.1	Jul 27, 2026	$63,200	1,971	2,251	1.5 mi	82
WV-682345 Dirt · Full utilities	4.1	Jul 8, 2026	$11,500	2,807	1,848	4.8 mi	78
WV-304569 Gravel · Power at road	20.5	May 5, 2026	$67,100	3,268	2,579	2.8 mi	75
WV-672866 Paved · Power at road	6.0	Sep 14, 2025	$26,700	4,459	2,746	3.9 mi	74
WV-963116 Dirt · Power at road	7.2	Mar 24, 2024	$14,100	1,968	1,780	4.3 mi	72
WV-535287 Dirt · Full utilities	34.5	Sep 11, 2025	$73,300	2,121	1,771	3.9 mi	71
WV-994527 Gravel · Full utilities	19.9	Apr 4, 2024	$56,800	2,850	1,995	2.0 mi	70
WV-144543 Dirt · Off grid	20.1	Nov 2, 2024	$23,100	1,147	1,313	6.0 mi	69

Show adjustment detail for the top comp

Tract size (32.09 ac → 11.27 ac)+14.0%

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.

Build the listing kit Post a deal or JV