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Patrick County, VA · Sold

VA-126940

3149 County Road 186

$771,100
$11,232/ac · 68.65 ac
Acreage68.65 ac
Price per acre$11,232/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedAug 18, 2023
Coordinates36.6664, -80.3446
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

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
23
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope22.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,922 ft of deeded road frontage.

Power225 ft away

Power at or near the road.

Buildable area39.17 of 68.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$726,096
$522,789$929,403 · $10,577/ac on 68.65 ac
Asking vs estimate
+6.2%
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 $771,100
Maximum allowable offer
$414,912
$6,044/ac · +30.0% target margin

You need $356,188 off asking to hit this margin.

All-in cost$450,180
Net resale$668,009
Projected profit$217,829
ROI+48.4%
Annualized+69.2%
Break-even resale$7,128/ac
Profit if resale lands off target
-20%
$84,227
-10%
$151,028
0%
$217,829
+10%
$284,630
+20%
$351,431
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-496427
Gravel · Off grid
47.3Jul 27, 2026$480,40010,14713,0601.9 mi
81
VA-975740
Gravel · Power at road
28.8Jul 27, 2026$243,6008,4638,4807.9 mi
73
VA-478191
Dirt · Power at road
169.9May 18, 2026$767,1004,5157,8467.5 mi
70
VA-407332
Dirt · Power at road
91.2Jul 3, 2024$938,90010,29616,4325.7 mi
70
VA-108561
Landlocked · Power at road
222.1Dec 2, 2025$551,4002,4825,9887.2 mi
64
VA-855296
Landlocked · Off grid
20.9Jun 20, 2024$127,9006,13011,0404.7 mi
61
Show adjustment detail for the top comp
  • Tract size (47.34 ac → 68.65 ac)-7.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.