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Licking County, OH · Sold

OH-107440

5563 County Road 124

$795,500
$8,067/ac · 98.61 ac
Acreage98.61 ac
Price per acre$8,067/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedMar 26, 2025
Coordinates40.0717, -82.5600
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

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

View Licking market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
2
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,067 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area90.96 of 98.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$631,221
$528,239$734,203 · $6,401/ac on 98.61 ac
Asking vs estimate
+26.0%
Priced above the comp set

Weighted from 8 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 $795,500
Maximum allowable offer
$360,698
$3,658/ac · +30.0% target margin

You need $434,802 off asking to hit this margin.

All-in cost$391,357
Net resale$580,724
Projected profit$189,366
ROI+48.4%
Annualized+69.2%
Break-even resale$4,314/ac
Profit if resale lands off target
-20%
$73,221
-10%
$131,294
0%
$189,366
+10%
$247,439
+20%
$305,511
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-916925
Gravel · Off grid
67.9Jul 27, 2026$313,5004,6177,1820.5 mi
82
OH-787009
Gravel · Off grid
72.2May 5, 2026$212,4002,9444,6863.2 mi
79
OH-998987
Paved · Off grid
302.4Jul 20, 2026$902,9002,9855,8242.2 mi
74
OH-126383
Landlocked · Power at road
45.9Jul 27, 2026$187,0004,0787,3066.3 mi
73
OH-196123
Dirt · Power at road
38.0Feb 3, 2026$143,2003,7705,2600.9 mi
70
OH-115781
Dirt · Full utilities
29.6Jun 8, 2025$196,5006,6277,4651.9 mi
69
OH-919059
Gravel · Off grid
318.6Jul 27, 2026$1,028,5003,2287,5387.3 mi
68
OH-128506
Dirt · Full utilities
213.5Jul 3, 2024$704,3003,3006,0472.6 mi
65
Show adjustment detail for the top comp
  • Tract size (67.91 ac → 98.61 ac)-8.4%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.