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Licking County, OH · Sold

OH-463658

3116 County Road 332

$40,000
$6,279/ac · 6.37 ac
Acreage6.37 ac
Price per acre$6,279/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 7, 2025
Coordinates40.0235, -82.5780
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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

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

View Licking market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands19.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

264 ft of deeded road frontage.

Power8,538 ft away

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

Buildable area4.87 of 6.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,832
$27,959$49,705 · $6,096/ac on 6.37 ac
Asking vs estimate
+3.0%
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 $40,000
Maximum allowable offer
$22,190
$3,483/ac · +30.0% target margin

You need $17,810 off asking to hit this margin.

All-in cost$24,076
Net resale$35,725
Projected profit$11,649
ROI+48.4%
Annualized+69.2%
Break-even resale$4,108/ac
Profit if resale lands off target
-20%
$4,504
-10%
$8,077
0%
$11,649
+10%
$15,222
+20%
$18,794
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-764565
Landlocked · Off grid
12.3Jul 27, 2026$31,5002,5623,9632.7 mi
79
OH-733178
Gravel · Off grid
4.5Dec 19, 2024$35,8007,9518,3616.6 mi
78
OH-784412
Gravel · Full utilities
11.0Feb 22, 2025$101,1009,1947,0699.6 mi
66
OH-662081
Paved · Off grid
2.0Aug 27, 2025$14,9007,3436,2187.7 mi
62
OH-962196
Gravel · Power at road
2.2Feb 12, 2025$11,2005,0844,4208.0 mi
61
OH-592456
Dirt · Power at road
2.7May 23, 2025$22,0008,2518,2879.3 mi
61
OH-465351
Gravel · Power at road
21.7Sep 5, 2024$88,0004,0514,1698.9 mi
58
Show adjustment detail for the top comp
  • Tract size (12.29 ac → 6.37 ac)+4.9%
  • 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.