Southampton County, VA · Sold

VA-423795

2087 County Road 290

$59,200

$8,421/ac · 7.03 ac

Offer report Market this tract

Acreage7.03 ac

Price per acre$8,421/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedJan 15, 2024

Coordinates36.6801, -77.0564

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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

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands12.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,456 ft away

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

Buildable area5.85 of 7.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$50,718

$38,024 – $63,413 · $7,215/ac on 7.03 ac

Asking vs estimate

+16.7%

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 $59,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$28,982

$4,123/ac · +30.0% target margin

You need $30,218 off asking to hit this margin.

All-in cost$31,445

Net resale$46,661

Projected profit$15,215

ROI+48.4%

Annualized+69.2%

Break-even resale$4,862/ac

Profit if resale lands off target

-20%

$5,883

-10%

$10,549

$15,215

+10%

$19,881

+20%

$24,547

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
VA-433798 Gravel · Power at road	7.0	Apr 10, 2025	$38,900	5,514	4,954	9.2 mi	81
VA-774723 Gravel · Power at road	13.8	Jul 21, 2026	$89,000	6,455	5,806	8.1 mi	76
VA-134984 Dirt · Full utilities	16.6	Apr 11, 2026	$147,500	8,864	7,844	3.8 mi	75
VA-273978 Landlocked · Full utilities	8.0	Feb 1, 2024	$60,700	7,559	8,644	2.8 mi	71
VA-892537 Paved · Off grid	2.8	Jan 22, 2026	$33,300	11,760	9,816	5.8 mi	69
VA-922063 Paved · Full utilities	2.0	Oct 21, 2024	$17,000	8,454	5,128	3.3 mi	63
VA-574505 Landlocked · Power at road	11.8	Jul 2, 2024	$72,500	6,165	8,722	8.9 mi	63

Show adjustment detail for the top comp

Utilities (Power at road → Off grid)-15.0%
Market time (16 mo)+5.7%

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.

Build the listing kit Post a deal or JV