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Nicholas County, WV · Sold

WV-888979

3238 County Road 267

$473,500
$945/ac · 501 ac
Acreage501 ac
Price per acre$945/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedMay 27, 2024
Coordinates38.2912, -80.6975
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands7.4% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,212 ft of deeded road frontage.

Power112 ft away

Power at or near the road.

Buildable area440.86 of 501.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$696,688
$501,616$891,761 · $1,390/ac on 501 ac
Asking vs estimate
-32.0%
Priced below the comp set

Weighted from 5 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 $473,500
Maximum allowable offer
$398,108
$794/ac · +30.0% target margin

You need $75,392 off asking to hit this margin.

All-in cost$431,947
Net resale$640,953
Projected profit$209,006
ROI+48.4%
Annualized+69.2%
Break-even resale$937/ac
Profit if resale lands off target
-20%
$80,815
-10%
$144,911
0%
$209,006
+10%
$273,101
+20%
$337,197
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-149539
Dirt · Off grid
751.9Jul 14, 2025$335,2004468528.7 mi
73
WV-398485
Landlocked · Full utilities
350.4Aug 19, 2025$500,9001,4301,9034.8 mi
72
WV-137655
Dirt · Off grid
192.1Jul 18, 2025$177,5009241,1792.9 mi
65
WV-257416
Gravel · Full utilities
161.5Jun 6, 2026$296,4001,8351,29110.9 mi
65
WV-276959
Dirt · Power at road
116.0Jan 26, 2025$212,7001,8341,7734.7 mi
59
Show adjustment detail for the top comp
  • Tract size (751.89 ac → 501.15 ac)+13.2%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (13 mo)+4.6%

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.