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Raleigh County, WV · Sold

WV-154330

318 County Road 271

$57,200
$3,312/ac · 17.27 ac
Acreage17.27 ac
Price per acre$3,312/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 12, 2023
Coordinates37.7041, -81.3508
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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

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

View Raleigh market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,656 ft away

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

Buildable area15.11 of 17.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,825
$27,043$36,607 · $1,843/ac on 17.27 ac
Asking vs estimate
+79.7%
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 $57,200
Maximum allowable offer
$18,186
$1,053/ac · +30.0% target margin

You need $39,014 off asking to hit this margin.

All-in cost$19,732
Net resale$29,279
Projected profit$9,547
ROI+48.4%
Annualized+69.2%
Break-even resale$1,242/ac
Profit if resale lands off target
-20%
$3,691
-10%
$6,619
0%
$9,547
+10%
$12,475
+20%
$15,403
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-313883
Landlocked · Off grid
12.5May 27, 2026$15,5001,2421,78213.1 mi
76
WV-225555
Landlocked · Full utilities
42.0Jul 27, 2026$51,8001,2351,4518.7 mi
70
WV-435558
Dirt · Off grid
42.0Dec 23, 2025$67,4001,6042,1928.5 mi
67
WV-505784
Gravel · Power at road
49.5Sep 4, 2025$77,8001,5711,6403.0 mi
67
WV-293512
Dirt · Power at road
9.6Jul 29, 2024$20,9002,1882,2195.9 mi
63
WV-175969
Landlocked · Off grid
56.6Feb 20, 2025$54,2009581,8166.4 mi
61
Show adjustment detail for the top comp
  • Tract size (12.49 ac → 17.27 ac)-3.4%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (3 mo)+0.9%

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.