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Franklin County, OH · Sold

OH-114700

4388 County Road 227

$156,400
$11,542/ac · 13.55 ac
Acreage13.55 ac
Price per acre$11,542/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedOct 12, 2023
Coordinates39.9172, -83.1094
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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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

898 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area12.33 of 13.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$146,231
$126,253$166,210 · $10,792/ac on 13.55 ac
Asking vs estimate
+7.0%
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 $156,400
Maximum allowable offer
$83,561
$6,167/ac · +30.0% target margin

You need $72,839 off asking to hit this margin.

All-in cost$90,664
Net resale$134,533
Projected profit$43,869
ROI+48.4%
Annualized+69.2%
Break-even resale$7,273/ac
Profit if resale lands off target
-20%
$16,962
-10%
$30,416
0%
$43,869
+10%
$57,322
+20%
$70,776
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-765169
Landlocked · Full utilities
19.0Jul 27, 2026$157,9008,29512,6997.2 mi
80
OH-543812
Dirt · Power at road
7.1Jul 27, 2026$61,7008,67011,7138.9 mi
73
OH-715481
Paved · Power at road
23.9Aug 5, 2024$191,6008,0319,6454.1 mi
69
OH-633584
Paved · Off grid
6.0Mar 20, 2025$53,1008,78810,6562.7 mi
65
OH-802993
Dirt · Power at road
3.9Jul 16, 2024$23,4005,9628,4924.5 mi
57
Show adjustment detail for the top comp
  • Tract size (19.03 ac → 13.55 ac)+3.9%
  • Access (Landlocked → Gravel)+47.1%

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.