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Licking County, OH · Sold

OH-649378

385 County Road 134

$1,470,000
$3,662/ac · 401 ac
Acreage401 ac
Price per acre$3,662/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 9, 2024
Coordinates40.1726, -82.4594
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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
14
Low risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope10.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,889 ft of deeded road frontage.

Power158 ft away

Power at or near the road.

Buildable area344.02 of 401.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,416,127
$1,183,145$1,649,109 · $3,527/ac on 401 ac
Asking vs estimate
+3.8%
In line with 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 $1,470,000
Maximum allowable offer
$809,215
$2,016/ac · +30.0% target margin

You need $660,785 off asking to hit this margin.

All-in cost$877,998
Net resale$1,302,837
Projected profit$424,838
ROI+48.4%
Annualized+69.2%
Break-even resale$2,377/ac
Profit if resale lands off target
-20%
$164,271
-10%
$294,555
0%
$424,838
+10%
$555,122
+20%
$685,406
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-998987
Paved · Off grid
302.4Jul 20, 2026$902,9002,9853,24110.7 mi
80
OH-919059
Gravel · Off grid
318.6Jul 27, 2026$1,028,5003,2284,19510.9 mi
79
OH-107440
Paved · Full utilities
98.6May 23, 2026$717,5007,2774,0888.8 mi
67
OH-787009
Gravel · Off grid
72.2May 5, 2026$212,4002,9442,6075.9 mi
62
OH-128506
Dirt · Full utilities
213.5Jul 3, 2024$704,3003,3003,36510.7 mi
60
Show adjustment detail for the top comp
  • Tract size (302.44 ac → 401.47 ac)-8.0%
  • Utilities (Off grid → Power at road)+17.6%

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.