← New search
Wayne County, WV · Sold

WV-159848

8423 County Road 384

$898,000
$955/ac · 941 ac
Acreage941 ac
Price per acre$955/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedFeb 11, 2025
Coordinates38.1539, -82.3759
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

Wayne County, West Virginia. Steep timber and hunting acreage; the East's cheapest per acre.

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,356 ft away

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

Buildable area872.94 of 940.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$820,237
$691,783$948,690 · $872/ac on 941 ac
Asking vs estimate
+9.5%
Priced above 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 $898,000
Maximum allowable offer
$468,707
$498/ac · +30.0% target margin

You need $429,293 off asking to hit this margin.

All-in cost$508,547
Net resale$754,618
Projected profit$246,071
ROI+48.4%
Annualized+69.2%
Break-even resale$588/ac
Profit if resale lands off target
-20%
$95,147
-10%
$170,609
0%
$246,071
+10%
$321,532
+20%
$396,994
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-169899
Gravel · Power at road
975.9Jul 26, 2026$972,8009971,0146.6 mi
89
WV-648986
Dirt · Off grid
503.7Jul 27, 2026$454,2009021,0245.4 mi
77
WV-219676
Paved · Power at road
830.3Aug 6, 2024$688,0008297353.5 mi
75
WV-699024
Dirt · Off grid
517.8Jul 30, 2024$295,6005717082.9 mi
72
WV-948555
Dirt · Off grid
368.6May 8, 2024$272,2007388354.4 mi
61
Show adjustment detail for the top comp
  • Tract size (975.92 ac → 940.52 ac)+1.2%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.