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Rockingham County, VA · Sold

VA-415406

9547 County Road 197

$130,300
$5,768/ac · 22.59 ac
Acreage22.59 ac
Price per acre$5,768/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedDec 26, 2023
Coordinates38.4337, -78.9231
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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands8.9% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

435 ft of deeded road frontage.

Power12,654 ft away

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

Buildable area19.55 of 22.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,192
$85,716$136,668 · $4,922/ac on 22.59 ac
Asking vs estimate
+17.2%
Priced above the comp set

Weighted from 8 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 $130,300
Maximum allowable offer
$63,538
$2,813/ac · +30.0% target margin

You need $66,762 off asking to hit this margin.

All-in cost$68,939
Net resale$102,297
Projected profit$33,358
ROI+48.4%
Annualized+69.3%
Break-even resale$3,317/ac
Profit if resale lands off target
-20%
$12,899
-10%
$23,128
0%
$33,358
+10%
$43,588
+20%
$53,817
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-295835
Gravel · Power at road
30.8Nov 15, 2025$144,3004,6804,2996.0 mi
76
VA-555100
Landlocked · Full utilities
18.1Dec 6, 2024$78,7004,3494,6386.5 mi
74
VA-334363
Landlocked · Power at road
10.6Jul 27, 2026$36,5003,4373,9649.7 mi
71
VA-584979
Dirt · Power at road
16.6Jun 25, 2025$72,0004,3454,3296.7 mi
71
VA-317112
Gravel · Off grid
77.8Apr 11, 2025$452,7005,8227,7393.5 mi
69
VA-896995
Gravel · Power at road
71.4Sep 19, 2025$331,7004,6435,05510.8 mi
67
VA-516690
Dirt · Off grid
57.3Dec 28, 2024$196,3003,4275,00711.0 mi
60
VA-986969
Landlocked · Full utilities
70.1Jan 18, 2025$229,1003,2674,3857.6 mi
58
Show adjustment detail for the top comp
  • Tract size (30.83 ac → 22.59 ac)+4.8%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.1%

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.