Comparable sales & offer analysis
Parcel WV-808189
Mingo County, WV · 283 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$490,700
Adjusted value
$603,401
Value range
$447,538–$759,264
Comp $/acre
$2,134/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.7% versus the adjusted value.
Offer position
Max allowable offer
$344,801
Offer $/acre
$1,219/ac
Projected profit
$181,020
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-478591 | 378.4 | Jul 27, 2026 | $675,700 | 1,786 | 2,681 | 82 |
| WV-738092 | 263.6 | Apr 9, 2025 | $468,100 | 1,776 | 1,843 | 75 |
| WV-308734 | 419.6 | Jun 22, 2025 | $698,300 | 1,664 | 1,964 | 75 |
| WV-557821 | 216.6 | Jul 9, 2024 | $256,600 | 1,185 | 1,766 | 72 |
| WV-867812 | 215.2 | Jul 24, 2024 | $279,700 | 1,300 | 1,527 | 71 |
| WV-467351 | 154.1 | Aug 15, 2024 | $432,500 | 2,807 | 3,037 | 65 |
| WV-769138 | 562.3 | Jan 1, 2024 | $444,800 | 791 | 1,274 | 64 |
| WV-999219 | 596.3 | Dec 9, 2024 | $763,300 | 1,280 | 2,001 | 64 |
| WV-336580 | 88.2 | Jan 2, 2025 | $324,100 | 3,677 | 2,891 | 64 |
| WV-959880 | 962.6 | Feb 22, 2026 | $1,125,300 | 1,169 | 2,374 | 64 |
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.