Hancock County, OH · Sold

OH-479983

7225 County Road 214

$1,833,100

$2,946/ac · 622 ac

Offer report Market this tract

Acreage622 ac

Price per acre$2,946/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedAug 21, 2024

Coordinates40.9633, -83.5591

Loading terrain…

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

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,928 ft away

A long utility run — price in solar/off-grid instead.

Buildable area497.77 of 622.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,862,154

$1,424,304 – $2,300,005 · $2,992/ac on 622 ac

Asking vs estimate

-1.6%

In line with the comp set

Weighted from 7 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 $1,833,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,064,088

$1,710/ac · +30.0% target margin

You need $769,012 off asking to hit this margin.

All-in cost$1,154,535

Net resale$1,713,182

Projected profit$558,646

ROI+48.4%

Annualized+69.2%

Break-even resale$2,017/ac

Profit if resale lands off target

-20%

$216,010

-10%

$387,328

$558,646

+10%

$729,964

+20%

$901,283

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
OH-939895 Dirt · Full utilities	583.9	Jul 27, 2026	$2,157,200	3,695	2,530	5.4 mi	87
OH-997694 Dirt · Power at road	118.5	Jul 27, 2026	$590,200	4,979	2,642	6.6 mi	72
OH-428440 Dirt · Off grid	203.5	Apr 1, 2026	$1,263,800	6,211	4,541	7.5 mi	70
OH-767426 Gravel · Power at road	97.6	Jul 27, 2026	$550,100	5,635	2,449	4.9 mi	64
OH-157329 Gravel · Power at road	91.0	Jul 27, 2026	$582,800	6,405	2,737	5.6 mi	63
OH-318263 Dirt · Power at road	179.0	May 21, 2025	$985,800	5,507	3,421	10.5 mi	59
OH-767331 Gravel · Off grid	91.1	May 14, 2025	$465,000	5,103	2,696	5.2 mi	57

Show adjustment detail for the top comp

Tract size (583.86 ac → 622.29 ac)-1.9%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV