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Sussex County, VA · Sold

VA-868603

1073 County Road 308

$997,100
$4,354/ac · 229 ac
Acreage229 ac
Price per acre$4,354/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedMar 22, 2024
Coordinates36.8493, -77.3213
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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

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

View Sussex market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope10.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power176 ft away

Power at or near the road.

Buildable area197.75 of 229.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,117,064
$1,009,798$1,224,331 · $4,878/ac on 229 ac
Asking vs estimate
-10.7%
Priced below the comp set

Weighted from 5 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 $997,100
Maximum allowable offer
$638,323
$2,787/ac · +30.0% target margin

You need $358,777 off asking to hit this margin.

All-in cost$692,580
Net resale$1,027,699
Projected profit$335,119
ROI+48.4%
Annualized+69.2%
Break-even resale$3,287/ac
Profit if resale lands off target
-20%
$129,579
-10%
$232,349
0%
$335,119
+10%
$437,889
+20%
$540,659
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
VA-909047
Dirt · Power at road
315.9Jul 27, 2026$2,014,4006,3775,5448.9 mi
80
VA-538683
Dirt · Power at road
242.7Apr 30, 2025$1,418,3005,8454,9532.8 mi
79
VA-536953
Gravel · Power at road
69.3Jun 25, 2026$590,6008,5234,2892.0 mi
77
VA-457729
Paved · Off grid
121.6Aug 4, 2025$1,042,3008,5735,1096.2 mi
67
VA-629605
Gravel · Power at road
473.2May 14, 2024$2,261,9004,7804,4018.4 mi
61
Show adjustment detail for the top comp
  • Tract size (315.87 ac → 229 ac)+9.7%
  • Access (Dirt → Landlocked)-20.9%

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.