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Comparable sales & offer analysis

Parcel WV-226576

Ritchie County, WV · 87.89 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$232,100
Adjusted value
$195,678
Value range
$143,574–$247,782
Comp $/acre
$2,226/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.6% versus the adjusted value.

Offer position

Max allowable offer
$111,816
Offer $/acre
$1,272/ac
Projected profit
$58,703
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
WV-25584251.6Jul 27, 2026$104,5002,0241,80882
WV-236803103.6Jul 27, 2026$157,6001,5212,18381
WV-96667694.5Aug 24, 2025$174,7001,8492,29081
WV-56634674.4Feb 24, 2025$165,4002,2232,28279
WV-71613764.0Jun 7, 2026$82,0001,2832,09277
WV-89621667.7Oct 11, 2025$210,3003,1053,54076
WV-567300148.5Jul 19, 2026$138,9009361,47476
WV-357943236.6Jun 18, 2026$271,8001,1491,77674
WV-26672097.6Jun 28, 2024$162,6001,6671,78473
WV-637359155.0Jan 19, 2026$339,1002,1883,06173
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.