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Rockingham County, VA · Sold

VA-222536

3605 County Road 237

$26,100
$9,223/ac · 2.83 ac
Acreage2.83 ac
Price per acre$9,223/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedNov 11, 2025
Coordinates38.4751, -78.8062
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands8.9% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

210 ft of deeded road frontage.

Power100 ft away

Power at or near the road.

Buildable area2.45 of 2.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,549
$16,045$23,054 · $6,908/ac on 2.83 ac
Asking vs estimate
+33.5%
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 $26,100
Maximum allowable offer
$11,171
$3,947/ac · +30.0% target margin

You need $14,929 off asking to hit this margin.

All-in cost$12,121
Net resale$17,985
Projected profit$5,865
ROI+48.4%
Annualized+69.2%
Break-even resale$4,655/ac
Profit if resale lands off target
-20%
$2,268
-10%
$4,066
0%
$5,865
+10%
$7,663
+20%
$9,462
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-352304
Gravel · Off grid
2.4Jul 21, 2025$18,1007,5799,2773.9 mi
78
VA-651713
Landlocked · Full utilities
1.6Jul 27, 2026$10,0006,4327,6727.3 mi
75
VA-952882
Dirt · Full utilities
3.6Feb 14, 2026$22,0006,0575,94010.8 mi
74
VA-742665
Landlocked · Off grid
3.1Jan 18, 2025$10,7003,4406,3617.2 mi
72
VA-903676
Gravel · Power at road
6.5Jan 17, 2026$37,2005,7666,1079.7 mi
70
VA-361847
Dirt · Power at road
1.7Oct 5, 2025$7,9004,5665,4419.6 mi
70
VA-503346
Gravel · Off grid
5.1Nov 12, 2025$29,9005,8847,29612.6 mi
69
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (13 mo)+4.5%

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.