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Southampton County, VA · Sold

VA-273978

5237 County Road 204

$61,500
$7,659/ac · 8.03 ac
Acreage8.03 ac
Price per acre$7,659/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedOct 28, 2023
Coordinates36.7073, -77.0942
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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

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

View Southampton market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area6.60 of 8.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$58,001
$45,185$70,818 · $7,223/ac on 8.03 ac
Asking vs estimate
+6.0%
Priced above 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 $61,500
Maximum allowable offer
$33,144
$4,127/ac · +30.0% target margin

You need $28,356 off asking to hit this margin.

All-in cost$35,961
Net resale$53,361
Projected profit$17,400
ROI+48.4%
Annualized+69.2%
Break-even resale$4,868/ac
Profit if resale lands off target
-20%
$6,728
-10%
$12,064
0%
$17,400
+10%
$22,736
+20%
$28,072
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-774723
Gravel · Power at road
13.8Jul 21, 2026$89,0006,4555,6187.5 mi
79
VA-134984
Dirt · Full utilities
16.6Apr 11, 2026$147,5008,8647,5911.0 mi
76
VA-423795
Gravel · Off grid
7.0Feb 22, 2025$53,5007,6137,8242.8 mi
75
VA-433798
Gravel · Power at road
7.0Apr 10, 2025$38,9005,5144,7946.8 mi
73
VA-574505
Landlocked · Power at road
11.8Jul 2, 2024$72,5006,1658,4407.9 mi
68
VA-892537
Paved · Off grid
2.8Jan 22, 2026$33,30011,7609,4995.6 mi
66
Show adjustment detail for the top comp
  • Tract size (13.78 ac → 8.03 ac)+4.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.