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Licking County, OH · Sold

OH-126383

8474 County Road 331

$214,400
$4,676/ac · 45.85 ac
Acreage45.85 ac
Price per acre$4,676/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedDec 11, 2025
Coordinates40.1600, -82.5302
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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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope12.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power186 ft away

Power at or near the road.

Buildable area35.62 of 45.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$156,545
$125,025$188,065 · $3,414/ac on 45.85 ac
Asking vs estimate
+37.0%
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 $214,400
Maximum allowable offer
$89,454
$1,951/ac · +30.0% target margin

You need $124,946 off asking to hit this margin.

All-in cost$97,058
Net resale$144,021
Projected profit$46,964
ROI+48.4%
Annualized+69.3%
Break-even resale$2,301/ac
Profit if resale lands off target
-20%
$18,160
-10%
$32,562
0%
$46,964
+10%
$61,366
+20%
$75,768
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-196123
Dirt · Power at road
38.0Feb 3, 2026$143,2003,7702,9426.0 mi
80
OH-916925
Gravel · Off grid
67.9Jul 27, 2026$313,5004,6174,0176.8 mi
78
OH-787009
Gravel · Off grid
72.2May 5, 2026$212,4002,9442,6213.1 mi
77
OH-107440
Paved · Full utilities
98.6May 23, 2026$717,5007,2774,1096.3 mi
71
OH-115781
Dirt · Full utilities
29.6Jun 8, 2025$196,5006,6274,1757.6 mi
68
OH-465351
Gravel · Power at road
21.7Sep 5, 2024$88,0004,0512,6366.5 mi
63
Show adjustment detail for the top comp
  • Tract size (37.98 ac → 45.85 ac)-3.4%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (6 mo)+2.2%

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.