Comparable sales & offer analysis
Parcel WV-818240
Ritchie County, WV · 293 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$394,400
Adjusted value
$440,017
Value range
$333,204–$546,829
Comp $/acre
$1,500/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.4% versus the adjusted value.
Offer position
Max allowable offer
$251,438
Offer $/acre
$857/ac
Projected profit
$132,005
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-138785 | 435.4 | Jul 27, 2026 | $392,200 | 901 | 1,186 | 82 |
| WV-368644 | 393.2 | Jul 27, 2026 | $351,800 | 895 | 1,344 | 81 |
| WV-357943 | 236.6 | Jun 18, 2026 | $271,800 | 1,149 | 1,286 | 80 |
| WV-597761 | 207.4 | Jul 27, 2026 | $454,600 | 2,192 | 1,907 | 79 |
| WV-597583 | 182.3 | Mar 26, 2026 | $194,500 | 1,067 | 1,149 | 75 |
| WV-637359 | 155.0 | Jan 19, 2026 | $339,100 | 2,188 | 2,216 | 73 |
| WV-947695 | 197.7 | Oct 6, 2025 | $301,700 | 1,526 | 1,416 | 71 |
| WV-567300 | 148.5 | Jul 19, 2026 | $138,900 | 936 | 1,068 | 71 |
| WV-236803 | 103.6 | Jul 27, 2026 | $157,600 | 1,521 | 1,580 | 70 |
| WV-869728 | 862.2 | May 7, 2026 | $797,900 | 925 | 1,915 | 69 |
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.