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Rockbridge County, VA · Sold

VA-776274

8411 County Road 21

$331,500
$7,824/ac · 42.37 ac
Acreage42.37 ac
Price per acre$7,824/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedOct 21, 2023
Coordinates37.7308, -79.4352
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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

5 items to verify before you offer.

Risk index
60
High risk
Wetlands48.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

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.

Power13,816 ft away

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

Buildable area20.57 of 42.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$283,987
$235,051$332,923 · $6,703/ac on 42.37 ac
Asking vs estimate
+16.7%
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 $331,500
Maximum allowable offer
$162,279
$3,830/ac · +30.0% target margin

You need $169,221 off asking to hit this margin.

All-in cost$176,073
Net resale$261,268
Projected profit$85,196
ROI+48.4%
Annualized+69.2%
Break-even resale$4,517/ac
Profit if resale lands off target
-20%
$32,942
-10%
$59,069
0%
$85,196
+10%
$111,323
+20%
$137,449
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-656252
Dirt · Off grid
41.7Jun 14, 2026$175,9004,2185,8126.1 mi
86
VA-306005
Paved · Full utilities
34.9Aug 3, 2025$429,80012,3268,6536.9 mi
76
VA-696981
Gravel · Off grid
70.7Jun 1, 2025$324,6004,5906,3268.0 mi
69
VA-306801
Landlocked · Full utilities
62.1May 20, 2024$240,2003,8715,5305.6 mi
66
VA-314796
Dirt · Power at road
14.5Dec 1, 2023$94,5006,5117,2391.4 mi
59
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Market time (2 mo)+0.7%

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.