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Rockbridge County, VA · Sold

VA-306801

3401 County Road 398

$290,500
$4,680/ac · 62.07 ac
Acreage62.07 ac
Price per acre$4,680/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedOct 23, 2023
Coordinates37.7622, -79.5290
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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

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

View Rockbridge market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
33
Moderate risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope7.4%

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 area55.02 of 62.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$336,196
$288,010$384,382 · $5,416/ac on 62.07 ac
Asking vs estimate
-13.6%
Priced below 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 $290,500
Maximum allowable offer
$192,112
$3,095/ac · +30.0% target margin

You need $98,388 off asking to hit this margin.

All-in cost$208,442
Net resale$309,300
Projected profit$100,859
ROI+48.4%
Annualized+69.2%
Break-even resale$3,650/ac
Profit if resale lands off target
-20%
$38,999
-10%
$69,929
0%
$100,859
+10%
$131,789
+20%
$162,719
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-696981
Gravel · Off grid
70.7Jun 1, 2025$324,6004,5904,8455.8 mi
79
VA-656252
Dirt · Off grid
41.7Jun 14, 2026$175,9004,2184,4518.9 mi
75
VA-306005
Paved · Full utilities
34.9Aug 3, 2025$429,80012,3266,6268.4 mi
73
VA-776274
Paved · Off grid
42.4Aug 23, 2024$293,4006,9245,7435.6 mi
67
VA-314796
Dirt · Power at road
14.5Dec 1, 2023$94,5006,5115,5446.7 mi
56
Show adjustment detail for the top comp
  • Tract size (70.72 ac → 62.07 ac)+2.9%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (14 mo)+5.1%

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.