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Nicholas County, WV · Sold

WV-144543

6724 County Road 242

$27,100
$1,345/ac · 20.15 ac
Acreage20.15 ac
Price per acre$1,345/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 2, 2024
Coordinates38.2856, -80.7019
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

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands43.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

890 ft of deeded road frontage.

Power6,942 ft away

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

Buildable area10.76 of 20.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$43,116
$35,909$50,323 · $2,140/ac on 20.15 ac
Asking vs estimate
-37.1%
Priced below the comp set

Weighted from 7 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 $27,100
Maximum allowable offer
$24,638
$1,223/ac · +30.0% target margin

You need $2,462 off asking to hit this margin.

All-in cost$26,732
Net resale$39,667
Projected profit$12,934
ROI+48.4%
Annualized+69.2%
Break-even resale$1,442/ac
Profit if resale lands off target
-20%
$5,001
-10%
$8,968
0%
$12,934
+10%
$16,901
+20%
$20,868
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-304569
Gravel · Power at road
20.5May 5, 2026$67,1003,2682,4233.2 mi
85
WV-695185
Dirt · Off grid
32.1Jul 27, 2026$63,2001,9712,1157.3 mi
81
WV-563741
Dirt · Off grid
11.3Nov 6, 2025$29,5002,6182,5396.0 mi
74
WV-994527
Gravel · Full utilities
19.9Apr 4, 2024$56,8002,8501,8747.6 mi
71
WV-535287
Dirt · Full utilities
34.5Sep 11, 2025$73,3002,1211,6649.3 mi
70
WV-672866
Paved · Power at road
6.0Sep 14, 2025$26,7004,4592,5804.9 mi
62
WV-963116
Dirt · Power at road
7.2Mar 24, 2024$14,1001,9681,6739.6 mi
57
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.2%

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.