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Preston County, WV · Sold

WV-138722

2438 County Road 307

$402,900
$968/ac · 416 ac
Acreage416 ac
Price per acre$968/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedJan 5, 2025
Coordinates39.4150, -79.5914
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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

Preston County, West Virginia. Steep timber and hunting acreage; the East's cheapest per acre.

View Preston market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
30
Moderate risk
Wetlands8.3% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area362.42 of 416.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$409,651
$376,879$442,423 · $985/ac on 416 ac
Asking vs estimate
-1.6%
In line with 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 $402,900
Maximum allowable offer
$234,086
$563/ac · +30.0% target margin

You need $168,814 off asking to hit this margin.

All-in cost$253,983
Net resale$376,879
Projected profit$122,896
ROI+48.4%
Annualized+69.3%
Break-even resale$664/ac
Profit if resale lands off target
-20%
$47,520
-10%
$85,208
0%
$122,896
+10%
$160,583
+20%
$198,271
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-727582
Landlocked · Off grid
182.2Jul 27, 2026$152,2008359477.7 mi
74
WV-817636
Dirt · Power at road
189.4Nov 13, 2025$206,2001,0888632.9 mi
73
WV-809959
Gravel · Power at road
1019.3Jul 27, 2026$975,6009571,0465.8 mi
72
WV-738069
Gravel · Off grid
259.2Apr 1, 2024$286,0001,1031,0312.4 mi
66
WV-949047
Paved · Off grid
526.5Mar 26, 2024$583,2001,1081,0828.6 mi
66
WV-219481
Paved · Full utilities
721.0Mar 17, 2024$914,1001,26895111.1 mi
66
Show adjustment detail for the top comp
  • Tract size (182.16 ac → 416.02 ac)-21.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.