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Licking County, OH · Sold

OH-940169

6406 County Road 148

$3,500
$6,863/ac · 0.51 ac
Acreage0.51 ac
Price per acre$6,863/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedAug 19, 2023
Coordinates40.0554, -82.4514
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

69 ft of deeded road frontage.

Power4,912 ft away

Service extension needed; get a utility quote.

Buildable area0.44 of 0.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,969
$2,316$3,621 · $5,821/ac on 0.51 ac
Asking vs estimate
+17.9%
Priced above the comp set

Weighted from 5 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 $3,500
Maximum allowable offer
$1,697
$3,327/ac · +30.0% target margin

You need $1,803 off asking to hit this margin.

All-in cost$1,841
Net resale$2,731
Projected profit$890
ROI+48.3%
Annualized+69.2%
Break-even resale$3,924/ac
Profit if resale lands off target
-20%
$344
-10%
$617
0%
$890
+10%
$1,163
+20%
$1,436
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-291193
Dirt · Off grid
1.1Jul 5, 2025$4,5004,2454,4703.1 mi
76
OH-730510
Dirt · Off grid
0.7May 25, 2024$4,6007,0567,7273.2 mi
75
OH-950899
Gravel · Full utilities
0.9Nov 21, 2024$7,5008,7475,6431.2 mi
69
OH-190775
Gravel · Full utilities
0.8Jul 8, 2024$5,5006,9704,5594.2 mi
66
OH-111175
Gravel · Off grid
1.1May 20, 2024$7,5007,1146,7326.5 mi
62
Show adjustment detail for the top comp
  • Tract size (1.07 ac → 0.51 ac)+0.6%
  • Market time (13 mo)+4.7%

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.