Comparable sales & offer analysis
Parcel VA-598809
Patrick County, VA · 266 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,772,000
Adjusted value
$1,458,842
Value range
$1,050,366–$1,867,317
Comp $/acre
$5,487/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.5% versus the adjusted value.
Offer position
Max allowable offer
$833,624
Offer $/acre
$3,136/ac
Projected profit
$437,652
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-478191 | 169.9 | May 18, 2026 | $767,100 | 4,515 | 4,046 | 80 |
| VA-108561 | 222.1 | Dec 2, 2025 | $551,400 | 2,482 | 3,087 | 76 |
| VA-407332 | 91.2 | Jul 3, 2024 | $938,900 | 10,296 | 8,470 | 66 |
| VA-689868 | 572.5 | Aug 13, 2024 | $2,249,700 | 3,929 | 6,800 | 66 |
| VA-126940 | 68.7 | Oct 12, 2023 | $683,200 | 9,952 | 5,742 | 56 |
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.
