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Rockingham County, VA · Sold

VA-387352

1109 County Road 272

$460,500
$4,977/ac · 92.52 ac
Acreage92.52 ac
Price per acre$4,977/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedMay 11, 2024
Coordinates38.4858, -78.8397
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

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,292 ft away

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

Buildable area86.31 of 92.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$438,208
$337,224$539,191 · $4,736/ac on 92.52 ac
Asking vs estimate
+5.1%
Priced above the comp set

Weighted from 9 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 $460,500
Maximum allowable offer
$250,404
$2,706/ac · +30.0% target margin

You need $210,096 off asking to hit this margin.

All-in cost$271,688
Net resale$403,151
Projected profit$131,463
ROI+48.4%
Annualized+69.3%
Break-even resale$3,192/ac
Profit if resale lands off target
-20%
$50,832
-10%
$91,148
0%
$131,463
+10%
$171,778
+20%
$212,093
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-427209
Gravel · Off grid
83.4May 10, 2026$312,5003,7464,3614.4 mi
89
VA-317112
Gravel · Off grid
77.8Apr 11, 2025$452,7005,8226,9673.5 mi
77
VA-896995
Gravel · Power at road
71.4Sep 19, 2025$331,7004,6434,5507.4 mi
73
VA-986969
Landlocked · Full utilities
70.1Jan 18, 2025$229,1003,2673,9473.6 mi
72
VA-528799
Gravel · Off grid
263.9Dec 19, 2025$994,4003,7686,0442.4 mi
69
VA-958908
Paved · Off grid
285.6Jun 12, 2025$661,0002,3143,2873.9 mi
67
VA-516690
Dirt · Off grid
57.3Dec 28, 2024$196,3003,4274,50710.7 mi
65
VA-295835
Gravel · Power at road
30.8Nov 15, 2025$144,3004,6803,8703.9 mi
65
VA-158955
Gravel · Full utilities
295.5Jul 16, 2024$1,190,2004,0284,9235.0 mi
57
Show adjustment detail for the top comp
  • Tract size (83.42 ac → 92.52 ac)-2.4%
  • Access (Gravel → Paved)+18.0%
  • Market time (3 mo)+1.1%

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.