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Hancock County, OH · Sold

OH-985893

1202 County Road 112

$371,400
$11,552/ac · 32.15 ac
Acreage32.15 ac
Price per acre$11,552/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 4, 2024
Coordinates40.9377, -83.5600
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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

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

View Hancock market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands26.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,395 ft of deeded road frontage.

Power33 ft away

Power at or near the road.

Buildable area22.45 of 32.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$285,742
$237,274$334,210 · $8,888/ac on 32.15 ac
Asking vs estimate
+30.0%
Priced above the comp set

Weighted from 9 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 $371,400
Maximum allowable offer
$163,281
$5,079/ac · +30.0% target margin

You need $208,119 off asking to hit this margin.

All-in cost$177,160
Net resale$262,883
Projected profit$85,723
ROI+48.4%
Annualized+69.3%
Break-even resale$5,990/ac
Profit if resale lands off target
-20%
$33,146
-10%
$59,435
0%
$85,723
+10%
$112,011
+20%
$138,299
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-966614
Dirt · Power at road
54.2Jul 27, 2026$407,2007,5129,6486.3 mi
79
OH-767426
Gravel · Power at road
97.6Jul 27, 2026$550,1005,6357,1094.3 mi
75
OH-157329
Gravel · Power at road
91.0Jul 27, 2026$582,8006,4057,9447.1 mi
74
OH-414716
Gravel · Power at road
13.7Jul 27, 2026$137,80010,0488,99813.4 mi
73
OH-574568
Landlocked · Power at road
12.3Jul 19, 2026$95,9007,79110,1637.1 mi
72
OH-875609
Dirt · Power at road
26.2Feb 3, 2024$144,7005,5286,88510.5 mi
67
OH-915566
Paved · Full utilities
25.4Mar 27, 2024$408,50016,10011,8597.1 mi
67
OH-767331
Gravel · Off grid
91.1May 14, 2025$465,0005,1037,8256.3 mi
64
OH-194560
Gravel · Power at road
12.2Dec 13, 2024$124,90010,2089,65510.7 mi
62
Show adjustment detail for the top comp
  • Tract size (54.21 ac → 32.15 ac)+10.2%
  • Access (Dirt → Gravel)+16.3%

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.