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Shenandoah County, VA · Sold

VA-876466

406 County Road 381

$309,700
$6,359/ac · 48.70 ac
Acreage48.70 ac
Price per acre$6,359/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMar 16, 2026
Coordinates38.8254, -78.5019
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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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands22.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,122 ft of deeded road frontage.

Power10,428 ft away

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

Buildable area35.67 of 48.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$364,848
$291,705$437,990 · $7,492/ac on 48.70 ac
Asking vs estimate
-15.1%
Priced below the comp set

Weighted from 6 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 $309,700
Maximum allowable offer
$208,484
$4,281/ac · +30.0% target margin

You need $101,216 off asking to hit this margin.

All-in cost$226,205
Net resale$335,660
Projected profit$109,455
ROI+48.4%
Annualized+69.3%
Break-even resale$5,049/ac
Profit if resale lands off target
-20%
$42,323
-10%
$75,889
0%
$109,455
+10%
$143,021
+20%
$176,587
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-735524
Gravel · Off grid
24.6Jul 27, 2026$128,0005,2004,6362.9 mi
81
VA-824762
Landlocked · Power at road
14.2Jul 27, 2026$107,4007,5827,8955.6 mi
73
VA-637005
Gravel · Full utilities
72.0Nov 17, 2025$860,20011,9549,33111.6 mi
72
VA-684940
Paved · Off grid
16.1Feb 23, 2026$178,60011,0818,0732.4 mi
70
VA-155321
Gravel · Full utilities
21.3Aug 25, 2024$254,70011,9867,8835.8 mi
63
VA-258168
Dirt · Full utilities
167.1Jan 23, 2025$1,089,4006,5197,5498.1 mi
61
Show adjustment detail for the top comp
  • Tract size (24.61 ac → 48.7 ac)-11.0%

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.