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Nicholas County, WV · Sold

WV-276959

2196 County Road 256

$216,400
$1,866/ac · 116 ac
Acreage116 ac
Price per acre$1,866/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedApr 3, 2024
Coordinates38.3161, -80.7779
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
5
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

999 ft of deeded road frontage.

Power119 ft away

Power at or near the road.

Buildable area107.89 of 116.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$175,128
$137,273$212,983 · $1,510/ac on 116 ac
Asking vs estimate
+23.6%
Priced above the comp set

Weighted from 6 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 $216,400
Maximum allowable offer
$100,073
$863/ac · +30.0% target margin

You need $116,327 off asking to hit this margin.

All-in cost$108,579
Net resale$161,118
Projected profit$52,538
ROI+48.4%
Annualized+69.2%
Break-even resale$1,017/ac
Profit if resale lands off target
-20%
$20,315
-10%
$36,427
0%
$52,538
+10%
$68,650
+20%
$84,762
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-137655
Dirt · Off grid
192.1Jul 18, 2025$177,5009241,2992.6 mi
78
WV-257416
Gravel · Full utilities
161.5Jun 6, 2026$296,4001,8351,4226.3 mi
78
WV-695185
Dirt · Off grid
32.1Jul 27, 2026$63,2001,9711,7683.5 mi
72
WV-398485
Landlocked · Full utilities
350.4Aug 19, 2025$500,9001,4302,0970.5 mi
66
WV-535287
Dirt · Full utilities
34.5Sep 11, 2025$73,3002,1211,3914.6 mi
65
WV-888979
Paved · Power at road
501.1Mar 21, 2025$456,0009101,0624.7 mi
59
Show adjustment detail for the top comp
  • Tract size (192.05 ac → 116 ac)+14.4%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (13 mo)+4.5%

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.