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Patrick County, VA · Sold

VA-855296

226 County Road 106

$137,200
$6,577/ac · 20.86 ac
Acreage20.86 ac
Price per acre$6,577/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedDec 1, 2023
Coordinates36.5983, -80.3412
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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

Patrick County, Virginia. Shenandoah and Southside tracts with easement upside.

View Patrick market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands8.9% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,124 ft away

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

Buildable area18.05 of 20.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$140,056
$114,261$165,851 · $6,714/ac on 20.86 ac
Asking vs estimate
-2.0%
In line with the comp set

Weighted from 10 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 $137,200
Maximum allowable offer
$80,032
$3,837/ac · +30.0% target margin

You need $57,168 off asking to hit this margin.

All-in cost$86,835
Net resale$128,852
Projected profit$42,017
ROI+48.4%
Annualized+69.2%
Break-even resale$4,525/ac
Profit if resale lands off target
-20%
$16,246
-10%
$29,132
0%
$42,017
+10%
$54,902
+20%
$67,787
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-134831
Paved · Off grid
14.9May 9, 2026$127,1008,5334,7782.7 mi
86
VA-975740
Gravel · Power at road
28.8Jul 27, 2026$243,6008,4635,1358.5 mi
78
VA-496427
Gravel · Off grid
47.3Jul 27, 2026$480,40010,1477,9084.6 mi
75
VA-633759
Landlocked · Full utilities
6.8Jul 27, 2026$86,10012,5747,9204.5 mi
73
VA-544136
Gravel · Off grid
9.0Sep 7, 2025$96,90010,7706,9924.1 mi
73
VA-654251
Landlocked · Full utilities
9.8Jul 16, 2025$107,30010,9657,3845.9 mi
72
VA-284701
Paved · Full utilities
13.6Dec 4, 2025$179,30013,2245,2008.3 mi
71
VA-803890
Landlocked · Off grid
7.5Jul 28, 2025$64,4008,5558,1048.7 mi
70
VA-663652
Dirt · Power at road
6.3May 8, 2026$77,90012,2817,4978.9 mi
65
VA-126940
Paved · Power at road
68.7Oct 12, 2023$683,2009,9526,7464.7 mi
60
Show adjustment detail for the top comp
  • Tract size (14.9 ac → 20.86 ac)-3.9%
  • Access (Paved → Landlocked)-42.4%
  • Market time (3 mo)+1.1%

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.