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Nicholas County, WV · Sold

WV-149539

8380 County Road 104

$400,000
$532/ac · 752 ac
Acreage752 ac
Price per acre$532/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedOct 13, 2024
Coordinates38.3234, -80.8523
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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

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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

7,076 ft of deeded road frontage.

Power3,036 ft away

Service extension needed; get a utility quote.

Buildable area590.72 of 751.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$579,583
$431,148$728,019 · $771/ac on 752 ac
Asking vs estimate
-31.0%
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 $400,000
Maximum allowable offer
$331,190
$440/ac · +30.0% target margin

You need $68,810 off asking to hit this margin.

All-in cost$359,341
Net resale$533,217
Projected profit$173,875
ROI+48.4%
Annualized+69.3%
Break-even resale$519/ac
Profit if resale lands off target
-20%
$67,232
-10%
$120,554
0%
$173,875
+10%
$227,197
+20%
$280,519
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-888979
Paved · Power at road
501.1Mar 21, 2025$456,0009105278.7 mi
71
WV-398485
Landlocked · Full utilities
350.4Aug 19, 2025$500,9001,4301,0423.9 mi
67
WV-257416
Gravel · Full utilities
161.5Jun 6, 2026$296,4001,8357072.2 mi
67
WV-137655
Dirt · Off grid
192.1Jul 18, 2025$177,5009246466.6 mi
63
WV-276959
Dirt · Power at road
116.0Jan 26, 2025$212,7001,8349704.1 mi
57
Show adjustment detail for the top comp
  • Tract size (501.15 ac → 751.89 ac)-11.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (17 mo)+5.9%

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.