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Shenandoah County, VA · Sold

VA-155321

1992 County Road 88

$287,800
$13,544/ac · 21.25 ac
Acreage21.25 ac
Price per acre$13,544/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJun 22, 2024
Coordinates38.9087, -78.4936
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

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

View Shenandoah market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

926 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area18.47 of 21.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$252,869
$203,626$302,112 · $11,900/ac on 21.25 ac
Asking vs estimate
+13.8%
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 $287,800
Maximum allowable offer
$144,497
$6,800/ac · +30.0% target margin

You need $143,303 off asking to hit this margin.

All-in cost$156,779
Net resale$232,639
Projected profit$75,860
ROI+48.4%
Annualized+69.2%
Break-even resale$8,019/ac
Profit if resale lands off target
-20%
$29,332
-10%
$52,596
0%
$75,860
+10%
$99,124
+20%
$122,388
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-735524
Gravel · Off grid
24.6Jul 27, 2026$128,0005,2007,6338.3 mi
84
VA-684940
Paved · Off grid
16.1Feb 23, 2026$178,60011,08113,2923.8 mi
82
VA-824762
Landlocked · Power at road
14.2Jul 27, 2026$107,4007,58212,9992.4 mi
81
VA-876466
Gravel · Off grid
48.7Jul 27, 2026$323,9006,65210,9765.8 mi
75
VA-624034
Dirt · Power at road
8.4Mar 26, 2026$80,6009,64312,6732.0 mi
71
VA-637005
Gravel · Full utilities
72.0Nov 17, 2025$860,20011,95415,3639.6 mi
65
VA-693738
Paved · Power at road
6.8Oct 1, 2024$88,70013,13813,1733.3 mi
59
VA-813690
Paved · Off grid
6.5Aug 15, 2024$52,8008,0989,5806.5 mi
56
Show adjustment detail for the top comp
  • Tract size (24.61 ac → 21.25 ac)+2.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.