Comparable sales & offer analysis
Parcel WV-809898
Mercer County, WV · 975 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,623,500
Adjusted value
$1,344,798
Value range
$1,176,068–$1,513,528
Comp $/acre
$1,379/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.7% versus the adjusted value.
Offer position
Max allowable offer
$768,456
Offer $/acre
$788/ac
Projected profit
$403,439
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| WV-879124 | 556.7 | May 6, 2025 | $961,900 | 1,728 | 1,541 | 74 |
| WV-209086 | 541.5 | Oct 22, 2024 | $812,700 | 1,501 | 1,576 | 69 |
| WV-898416 | 333.3 | Jan 28, 2026 | $458,000 | 1,374 | 1,201 | 69 |
| WV-909524 | 743.8 | Feb 19, 2024 | $784,800 | 1,055 | 1,267 | 68 |
| WV-998630 | 389.2 | May 26, 2025 | $786,200 | 2,020 | 1,368 | 66 |
| WV-489155 | 569.3 | Apr 13, 2024 | $914,700 | 1,607 | 1,499 | 62 |
| WV-308295 | 305.3 | Apr 24, 2025 | $519,300 | 1,701 | 1,476 | 61 |
| WV-608180 | 280.9 | Nov 10, 2023 | $392,400 | 1,397 | 1,026 | 52 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.