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Lorain County, OH · Sold

OH-781495

1472 County Road 316

$22,200
$16,692/ac · 1.33 ac
Acreage1.33 ac
Price per acre$16,692/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedOct 1, 2024
Coordinates41.5172, -82.0981
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

4 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands23.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.97 of 1.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,103
$15,920$22,286 · $14,363/ac on 1.33 ac
Asking vs estimate
+16.2%
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 $22,200
Maximum allowable offer
$10,916
$8,208/ac · +30.0% target margin

You need $11,284 off asking to hit this margin.

All-in cost$11,844
Net resale$17,575
Projected profit$5,731
ROI+48.4%
Annualized+69.3%
Break-even resale$9,680/ac
Profit if resale lands off target
-20%
$2,216
-10%
$3,973
0%
$5,731
+10%
$7,488
+20%
$9,246
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-612131
Dirt · Off grid
2.1Jun 30, 2026$19,2009,10013,23410.6 mi
82
OH-831296
Paved · Power at road
1.1Feb 26, 2024$15,30013,29413,0238.6 mi
72
OH-722854
Dirt · Power at road
3.6Jul 27, 2026$41,80011,75414,69112.8 mi
69
OH-992324
Paved · Power at road
2.4Mar 24, 2026$29,10012,00510,97110.5 mi
69
OH-350638
Gravel · Full utilities
0.7Mar 29, 2024$13,50018,99217,85310.7 mi
61
OH-353079
Landlocked · Power at road
4.2Sep 18, 2025$44,50010,61517,4859.4 mi
60
Show adjustment detail for the top comp
  • Tract size (2.11 ac → 1.33 ac)+0.8%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (2 mo)+0.5%

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.