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Comparable sales & offer analysis

Parcel WV-723779

Ritchie County, WV · 11.59 ac · Agricultural · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$22,000
Adjusted value
$34,226
Value range
$28,923–$39,529
Comp $/acre
$2,953/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.7% versus the adjusted value.

Offer position

Max allowable offer
$19,558
Offer $/acre
$1,687/ac
Projected profit
$10,268
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-8235009.5Apr 26, 2026$25,4002,6842,65686
WV-5927725.6Jul 27, 2026$17,7003,1642,57976
WV-7623134.0Feb 3, 2026$11,4002,8362,32476
WV-45408814.5May 17, 2025$29,5002,0332,74872
WV-95442718.5Jul 19, 2024$49,7002,6833,08171
WV-2131227.2May 29, 2025$31,1004,3173,06771
WV-7824754.5Jun 27, 2025$19,2004,2473,41470
WV-4722543.8Apr 6, 2025$13,5003,5214,07362
WV-4224664.5Sep 15, 2025$17,2003,8293,05061
WV-65537636.9Sep 19, 2024$83,2002,2582,82060
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.