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Shenandoah County, VA · Sold

VA-258168

3407 County Road 157

$1,215,800
$7,276/ac · 167 ac
Acreage167 ac
Price per acre$7,276/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedAug 25, 2024
Coordinates38.8703, -78.6401
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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

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

View Shenandoah market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands16.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,182 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area132.87 of 167.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,059,925
$876,173$1,243,676 · $6,343/ac on 167 ac
Asking vs estimate
+14.7%
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 $1,215,800
Maximum allowable offer
$605,671
$3,625/ac · +30.0% target margin

You need $610,129 off asking to hit this margin.

All-in cost$657,153
Net resale$975,131
Projected profit$317,978
ROI+48.4%
Annualized+69.2%
Break-even resale$4,275/ac
Profit if resale lands off target
-20%
$122,951
-10%
$220,465
0%
$317,978
+10%
$415,491
+20%
$513,004
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-568893
Dirt · Full utilities
282.5Jul 27, 2026$1,552,8005,4966,3842.5 mi
88
VA-876466
Gravel · Off grid
48.7Jul 27, 2026$323,9006,6526,1348.1 mi
71
VA-459306
Dirt · Full utilities
381.1Apr 25, 2025$1,696,5004,4525,9422.8 mi
70
VA-637005
Gravel · Full utilities
72.0Nov 17, 2025$860,20011,9548,5864.4 mi
69
VA-289366
Gravel · Full utilities
398.0Jul 6, 2024$1,563,5003,9284,7143.8 mi
68
VA-889274
Landlocked · Off grid
372.3Jan 24, 2026$1,106,9002,9736,9398.1 mi
67
VA-509414
Paved · Off grid
412.1Aug 12, 2024$1,577,5003,8285,6232.3 mi
62
Show adjustment detail for the top comp
  • Tract size (282.53 ac → 167.1 ac)+15.9%

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.