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Lorain County, OH · Sold

OH-456653

1952 County Road 338

$373,500
$6,698/ac · 55.76 ac
Acreage55.76 ac
Price per acre$6,698/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 27, 2025
Coordinates41.4588, -82.1446
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

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

View Lorain market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands33.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,475 ft of deeded road frontage.

Power130 ft away

Power at or near the road.

Buildable area35.44 of 55.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$531,134
$441,151$621,118 · $9,525/ac on 55.76 ac
Asking vs estimate
-29.7%
Priced below the comp set

Weighted from 10 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 $373,500
Maximum allowable offer
$303,505
$5,443/ac · +30.0% target margin

You need $69,995 off asking to hit this margin.

All-in cost$329,303
Net resale$488,644
Projected profit$159,341
ROI+48.4%
Annualized+69.3%
Break-even resale$6,419/ac
Profit if resale lands off target
-20%
$61,612
-10%
$110,476
0%
$159,341
+10%
$208,205
+20%
$257,070
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-557393
Landlocked · Power at road
95.3Jul 27, 2026$688,7007,22610,3415.4 mi
83
OH-427599
Dirt · Power at road
110.7Jul 27, 2026$1,131,70010,22712,0086.9 mi
83
OH-265324
Dirt · Power at road
21.3Jul 27, 2026$162,2007,6176,4764.3 mi
76
OH-335257
Dirt · Power at road
20.3Nov 7, 2025$237,40011,70610,1873.5 mi
75
OH-605300
Dirt · Power at road
20.9May 13, 2026$237,10011,3349,6976.4 mi
73
OH-935532
Gravel · Full utilities
24.8May 8, 2026$423,50017,11310,5694.1 mi
72
OH-937768
Gravel · Off grid
125.1Apr 3, 2026$785,3006,2797,7975.1 mi
71
OH-796396
Landlocked · Off grid
46.3Jul 20, 2024$226,0004,8827,6066.7 mi
69
OH-615679
Paved · Off grid
27.5Aug 3, 2025$361,80013,13710,3444.2 mi
67
OH-657581
Dirt · Off grid
109.2Nov 6, 2023$704,5006,4509,8944.1 mi
64
Show adjustment detail for the top comp
  • Tract size (95.31 ac → 55.76 ac)+12.9%
  • Access (Landlocked → Dirt)+26.5%

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.