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Licking County, OH · Sold

OH-128506

1118 County Road 255

$823,800
$3,859/ac · 213 ac
Acreage213 ac
Price per acre$3,859/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedSep 5, 2023
Coordinates40.0344, -82.5492
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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope21.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,384 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area119.24 of 213.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$841,260
$712,322$970,198 · $3,941/ac on 213 ac
Asking vs estimate
-2.1%
In line with the comp set

Weighted from 6 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 $823,800
Maximum allowable offer
$480,720
$2,252/ac · +30.0% target margin

You need $343,080 off asking to hit this margin.

All-in cost$521,581
Net resale$773,959
Projected profit$252,378
ROI+48.4%
Annualized+69.2%
Break-even resale$2,656/ac
Profit if resale lands off target
-20%
$97,586
-10%
$174,982
0%
$252,378
+10%
$329,774
+20%
$407,170
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-998987
Paved · Off grid
302.4Jul 20, 2026$902,9002,9853,4600.9 mi
87
OH-919059
Gravel · Off grid
318.6Jul 27, 2026$1,028,5003,2284,4795.8 mi
78
OH-107440
Paved · Full utilities
98.6May 23, 2026$717,5007,2774,3662.6 mi
75
OH-916925
Gravel · Off grid
67.9Jul 27, 2026$313,5004,6174,2672.3 mi
71
OH-787009
Gravel · Off grid
72.2May 5, 2026$212,4002,9442,7845.7 mi
67
OH-649378
Paved · Power at road
401.5Aug 12, 2025$1,546,4003,8524,28810.7 mi
64
Show adjustment detail for the top comp
  • Tract size (302.44 ac → 213.46 ac)+10.5%
  • Access (Paved → Dirt)-27.1%
  • 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.