Comparable sales & offer analysis
Parcel VA-689868
Patrick County, VA · 573 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,218,600
Adjusted value
$1,957,874
Value range
$1,409,670–$2,506,079
Comp $/acre
$3,420/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.3% versus the adjusted value.
Offer position
Max allowable offer
$1,118,785
Offer $/acre
$1,954/ac
Projected profit
$587,362
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-598809 | 265.9 | Jul 27, 2026 | $1,733,000 | 6,519 | 4,114 | 78 |
| VA-108561 | 222.1 | Dec 2, 2025 | $551,400 | 2,482 | 1,934 | 69 |
| VA-478191 | 169.9 | May 18, 2026 | $767,100 | 4,515 | 2,534 | 69 |
| VA-407332 | 91.2 | Jul 3, 2024 | $938,900 | 10,296 | 5,307 | 53 |
| VA-126940 | 68.7 | Oct 12, 2023 | $683,200 | 9,952 | 3,598 | 51 |
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.