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Licking County, OH · Sold

OH-733178

1530 County Road 226

$37,700
$8,378/ac · 4.50 ac
Acreage4.50 ac
Price per acre$8,378/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJul 16, 2024
Coordinates40.1192, -82.5828
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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

1 item to verify before you offer.

Risk index
19
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

544 ft of deeded road frontage.

Power13,998 ft away

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

Buildable area3.97 of 4.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,753
$20,988$34,518 · $6,167/ac on 4.50 ac
Asking vs estimate
+35.8%
Priced above 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 $37,700
Maximum allowable offer
$15,859
$3,524/ac · +30.0% target margin

You need $21,841 off asking to hit this margin.

All-in cost$17,207
Net resale$25,533
Projected profit$8,326
ROI+48.4%
Annualized+69.3%
Break-even resale$4,156/ac
Profit if resale lands off target
-20%
$3,219
-10%
$5,773
0%
$8,326
+10%
$10,879
+20%
$13,433
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-463658
Gravel · Off grid
6.4Aug 10, 2025$40,2006,3056,6856.6 mi
81
OH-764565
Landlocked · Off grid
12.3Jul 27, 2026$31,5002,5624,0306.5 mi
72
OH-662081
Paved · Off grid
2.0Aug 27, 2025$14,9007,3436,3247.4 mi
66
OH-962196
Gravel · Power at road
2.2Feb 12, 2025$11,2005,0844,4955.9 mi
66
OH-592456
Dirt · Power at road
2.7May 23, 2025$22,0008,2518,42810.1 mi
65
OH-784412
Gravel · Full utilities
11.0Feb 22, 2025$101,1009,1947,1896.1 mi
64
Show adjustment detail for the top comp
  • Tract size (6.37 ac → 4.5 ac)+1.7%
  • Market time (12 mo)+4.3%

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.