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Lorain County, OH · Sold

OH-557393

771 County Road 297

$655,300
$6,875/ac · 95.31 ac
Acreage95.31 ac
Price per acre$6,875/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMay 19, 2026
Coordinates41.4193, -82.2337
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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

Lorain County, Ohio. Tillable ground with strong small-acreage homesite demand.

View Lorain market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power88 ft away

Power at or near the road.

Buildable area73.61 of 95.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$606,890
$492,454$721,325 · $6,368/ac on 95.31 ac
Asking vs estimate
+8.0%
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 $655,300
Maximum allowable offer
$346,794
$3,639/ac · +30.0% target margin

You need $308,506 off asking to hit this margin.

All-in cost$376,271
Net resale$558,339
Projected profit$182,067
ROI+48.4%
Annualized+69.2%
Break-even resale$4,291/ac
Profit if resale lands off target
-20%
$70,399
-10%
$126,233
0%
$182,067
+10%
$237,901
+20%
$293,735
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-427599
Dirt · Power at road
110.7Jul 27, 2026$1,131,70010,2278,4105.5 mi
89
OH-456653
Dirt · Power at road
55.8Jul 27, 2026$393,3007,0534,9515.4 mi
83
OH-937768
Gravel · Off grid
125.1Apr 3, 2026$785,3006,2795,4615.3 mi
78
OH-448709
Gravel · Power at road
247.3Jul 27, 2026$1,727,4006,9866,1395.4 mi
73
OH-657581
Dirt · Off grid
109.2Nov 6, 2023$704,5006,4506,9298.5 mi
67
OH-796396
Landlocked · Off grid
46.3Jul 20, 2024$226,0004,8825,3272.6 mi
66
OH-615679
Paved · Off grid
27.5Aug 3, 2025$361,80013,1377,2444.4 mi
61
Show adjustment detail for the top comp
  • Tract size (110.65 ac → 95.31 ac)+3.8%
  • Access (Dirt → Landlocked)-20.9%

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.