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Franklin County, OH · Sold

OH-289225

7244 County Road 3

$2,370,000
$6,595/ac · 359 ac
Acreage359 ac
Price per acre$6,595/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedMar 5, 2024
Coordinates39.9970, -83.0459
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Franklin County, Ohio. Tillable ground with strong small-acreage homesite demand.

View Franklin market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope31.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,588 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area210.22 of 359.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,642,489
$1,270,518$2,014,459 · $4,571/ac on 359 ac
Asking vs estimate
+44.3%
Priced above the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $2,370,000
Maximum allowable offer
$938,565
$2,612/ac · +30.0% target margin

You need $1,431,435 off asking to hit this margin.

All-in cost$1,018,343
Net resale$1,511,090
Projected profit$492,747
ROI+48.4%
Annualized+69.2%
Break-even resale$3,080/ac
Profit if resale lands off target
-20%
$190,529
-10%
$341,638
0%
$492,747
+10%
$643,856
+20%
$794,964
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-808961
Gravel · Full utilities
296.8Jul 27, 2026$2,218,9007,4766,0923.8 mi
90
OH-479069
Landlocked · Off grid
320.9Jul 27, 2026$957,3002,9835,2493.2 mi
86
OH-958697
Paved · Power at road
245.1Jul 27, 2026$1,134,0004,6263,6897.0 mi
78
OH-257831
Gravel · Off grid
130.9Jan 14, 2026$500,4003,8223,6434.5 mi
72
OH-308173
Gravel · Power at road
167.7Sep 15, 2025$707,0004,2163,6983.6 mi
68
Show adjustment detail for the top comp
  • Tract size (296.8 ac → 359.35 ac)-5.5%
  • Access (Gravel → Dirt)-14.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.