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Comparable sales & offer analysis

Parcel VA-108561

Patrick County, VA · 222 ac · Unzoned · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$644,900
Adjusted value
$1,142,585
Value range
$869,947–$1,415,223
Comp $/acre
$5,144/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -43.6% versus the adjusted value.

Offer position

Max allowable offer
$652,906
Offer $/acre
$2,939/ac
Projected profit
$342,775
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
VA-478191169.9May 18, 2026$767,1004,5153,34885
VA-598809265.9Jul 27, 2026$1,733,0006,5195,43783
VA-40733291.2Jul 3, 2024$938,90010,2967,01364
VA-689868572.5Aug 13, 2024$2,249,7003,9295,63063
VA-12694068.7Oct 12, 2023$683,2009,9524,75556
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.