Comparable sales & offer analysis
Parcel WV-226576
Ritchie County, WV · 87.89 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$232,100
Adjusted value
$194,563
Value range
$142,742–$246,385
Comp $/acre
$2,214/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.3% versus the adjusted value.
Offer position
Max allowable offer
$111,179
Offer $/acre
$1,265/ac
Projected profit
$58,369
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-255842 | 51.6 | Jul 27, 2026 | $104,500 | 2,024 | 1,798 | 83 |
| WV-236803 | 103.6 | Jul 27, 2026 | $157,600 | 1,521 | 2,171 | 82 |
| WV-966676 | 94.5 | Aug 24, 2025 | $174,700 | 1,849 | 2,277 | 81 |
| WV-566346 | 74.4 | Feb 24, 2025 | $165,400 | 2,223 | 2,270 | 80 |
| WV-716137 | 64.0 | Jun 7, 2026 | $82,000 | 1,283 | 2,080 | 78 |
| WV-896216 | 67.7 | Oct 11, 2025 | $210,300 | 3,105 | 3,521 | 77 |
| WV-567300 | 148.5 | Jul 19, 2026 | $138,900 | 936 | 1,466 | 77 |
| WV-357943 | 236.6 | Jun 18, 2026 | $271,800 | 1,149 | 1,767 | 76 |
| WV-637359 | 155.0 | Jan 19, 2026 | $339,100 | 2,188 | 3,044 | 74 |
| WV-266720 | 97.6 | Jun 28, 2024 | $162,600 | 1,667 | 1,775 | 74 |
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.