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Raleigh County, WV · Sold

WV-192112

1988 County Road 117

$14,500
$4,191/ac · 3.46 ac
Acreage3.46 ac
Price per acre$4,191/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedJan 3, 2024
Coordinates37.7014, -81.1743
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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

4 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands37.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power166 ft away

Power at or near the road.

Buildable area2.06 of 3.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,978
$9,916$16,040 · $3,751/ac on 3.46 ac
Asking vs estimate
+11.7%
Priced above the comp set

Weighted from 5 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 $14,500
Maximum allowable offer
$7,416
$2,143/ac · +30.0% target margin

You need $7,084 off asking to hit this margin.

All-in cost$8,046
Net resale$11,940
Projected profit$3,893
ROI+48.4%
Annualized+69.2%
Break-even resale$2,528/ac
Profit if resale lands off target
-20%
$1,505
-10%
$2,699
0%
$3,893
+10%
$5,087
+20%
$6,281
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-532340
Landlocked · Off grid
4.1Jan 25, 2026$5,6001,3782,8954.8 mi
79
WV-751709
Dirt · Full utilities
2.6Jul 27, 2026$8,7003,3403,7339.4 mi
78
WV-890446
Dirt · Power at road
1.0Jul 27, 2026$2,6002,5183,3812.2 mi
73
WV-301119
Dirt · Full utilities
1.7Jun 1, 2024$7,7004,5845,5377.1 mi
65
WV-293512
Dirt · Power at road
9.6Jul 29, 2024$20,9002,1883,4407.4 mi
64
Show adjustment detail for the top comp
  • Tract size (4.09 ac → 3.46 ac)+0.6%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.3%

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.