Rockingham County, VA · Sold

VA-352304

2643 County Road 274

$17,900

$7,490/ac · 2.39 ac

Offer report Market this tract

Acreage2.39 ac

Price per acre$7,490/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyFlat

ListedDec 28, 2024

Coordinates38.4192, -78.8086

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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

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

View Rockingham market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands31.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

278 ft of deeded road frontage.

Power6,116 ft away

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

Buildable area1.55 of 2.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$14,149

$11,643 – $16,655 · $5,920/ac on 2.39 ac

Asking vs estimate

+26.5%

Priced above the comp set

Weighted from 7 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 $17,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$8,085

$3,383/ac · +30.0% target margin

You need $9,815 off asking to hit this margin.

All-in cost$8,772

Net resale$13,017

Projected profit$4,245

ROI+48.4%

Annualized+69.3%

Break-even resale$3,990/ac

Profit if resale lands off target

-20%

$1,641

-10%

$2,943

$4,245

+10%

$5,547

+20%

$6,848

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
VA-222536 Gravel · Power at road	2.8	Jun 14, 2026	$25,700	9,094	7,819	3.9 mi	85
VA-651713 Landlocked · Full utilities	1.6	Jul 27, 2026	$10,000	6,432	6,550	7.8 mi	77
VA-742665 Landlocked · Off grid	3.1	Jan 18, 2025	$10,700	3,440	5,430	10.4 mi	74
VA-952882 Dirt · Full utilities	3.6	Feb 14, 2026	$22,000	6,057	5,071	12.6 mi	70
VA-361847 Dirt · Power at road	1.7	Oct 5, 2025	$7,900	4,566	4,645	10.6 mi	70
VA-503346 Gravel · Off grid	5.1	Nov 12, 2025	$29,900	5,884	6,228	15.3 mi	67
VA-903676 Gravel · Power at road	6.5	Jan 17, 2026	$37,200	5,766	5,213	13.1 mi	64

Show adjustment detail for the top comp

Utilities (Power at road → Off grid)-15.0%
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.

Build the listing kit Post a deal or JV