← New search
Licking County, OH · Sold

OH-730510

277 County Road 228

$4,900
$7,538/ac · 0.65 ac
Acreage0.65 ac
Price per acre$7,538/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 24, 2023
Coordinates40.0089, -82.4479
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

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope28.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,842 ft away

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

Buildable area0.38 of 0.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,529
$2,880$4,178 · $5,429/ac on 0.65 ac
Asking vs estimate
+38.9%
Priced above 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 $4,900
Maximum allowable offer
$2,016
$3,102/ac · +30.0% target margin

You need $2,884 off asking to hit this margin.

All-in cost$2,187
Net resale$3,246
Projected profit$1,059
ROI+48.4%
Annualized+69.3%
Break-even resale$3,658/ac
Profit if resale lands off target
-20%
$410
-10%
$734
0%
$1,059
+10%
$1,384
+20%
$1,708
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-291193
Dirt · Off grid
1.1Jul 5, 2025$4,5004,2454,4631.6 mi
76
OH-940169
Dirt · Off grid
0.5Nov 30, 2023$3,1006,0466,7253.2 mi
73
OH-950899
Gravel · Full utilities
0.9Nov 21, 2024$7,5008,7475,6352.1 mi
72
OH-111175
Gravel · Off grid
1.1May 20, 2024$7,5007,1146,7228.4 mi
70
OH-190775
Gravel · Full utilities
0.8Jul 8, 2024$5,5006,9704,5526.4 mi
69
OH-662081
Paved · Off grid
2.0Aug 27, 2025$14,9007,3435,6494.9 mi
69
OH-962196
Gravel · Power at road
2.2Feb 12, 2025$11,2005,0844,0156.9 mi
57
Show adjustment detail for the top comp
  • 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.