Comparable sales & offer analysis
Parcel VA-975740
Patrick County, VA · 28.78 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$294,500
Adjusted value
$331,508
Value range
$260,047–$402,969
Comp $/acre
$11,519/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.2% versus the adjusted value.
Offer position
Max allowable offer
$189,433
Offer $/acre
$6,582/ac
Projected profit
$99,452
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 |
|---|---|---|---|---|---|---|
| VA-496427 | 47.3 | Jul 27, 2026 | $480,400 | 10,147 | 13,135 | 78 |
| VA-134831 | 14.9 | May 9, 2026 | $127,100 | 8,533 | 7,936 | 69 |
| VA-284701 | 13.6 | Dec 4, 2025 | $179,300 | 13,224 | 8,637 | 66 |
| VA-855296 | 20.9 | Jun 20, 2024 | $127,900 | 6,130 | 11,099 | 65 |
| VA-544136 | 9.0 | Sep 7, 2025 | $96,900 | 10,770 | 11,611 | 63 |
| VA-654251 | 9.8 | Jul 16, 2025 | $107,300 | 10,965 | 12,261 | 61 |
| VA-407332 | 91.2 | Jul 3, 2024 | $938,900 | 10,296 | 16,519 | 61 |
| VA-126940 | 68.7 | Oct 12, 2023 | $683,200 | 9,952 | 11,199 | 58 |
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.