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Lorain County, OH · Sold

OH-612131

4940 County Road 174

$19,200
$9,100/ac · 2.11 ac
Acreage2.11 ac
Price per acre$9,100/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 18, 2026
Coordinates41.3799, -82.1881
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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
Wetlands36.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

241 ft of deeded road frontage.

Power8,412 ft away

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

Buildable area1.28 of 2.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,091
$18,244$25,937 · $10,469/ac on 2.11 ac
Asking vs estimate
-13.1%
Priced below 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 $19,200
Maximum allowable offer
$12,623
$5,983/ac · +30.0% target margin

You need $6,577 off asking to hit this margin.

All-in cost$13,696
Net resale$20,323
Projected profit$6,627
ROI+48.4%
Annualized+69.3%
Break-even resale$7,055/ac
Profit if resale lands off target
-20%
$2,563
-10%
$4,595
0%
$6,627
+10%
$8,660
+20%
$10,692
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-722854
Dirt · Power at road
3.6Jul 27, 2026$41,80011,75410,1552.8 mi
81
OH-992324
Paved · Power at road
2.4Mar 24, 2026$29,10012,0057,5847.1 mi
79
OH-781495
Dirt · Full utilities
1.3Aug 2, 2025$22,60016,95912,23310.6 mi
75
OH-353079
Landlocked · Power at road
4.2Sep 18, 2025$44,50010,61512,0872.9 mi
70
OH-831296
Paved · Power at road
1.1Feb 26, 2024$15,30013,2949,0025.6 mi
66
OH-350638
Gravel · Full utilities
0.7Mar 29, 2024$13,50018,99212,3415.4 mi
57
Show adjustment detail for the top comp
  • Tract size (3.56 ac → 2.11 ac)+1.4%
  • Utilities (Power at road → Off grid)-15.0%

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.