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Lorain County, OH · Sold

OH-992324

8820 County Road 256

$28,400
$11,736/ac · 2.42 ac
Acreage2.42 ac
Price per acre$11,736/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedDec 28, 2025
Coordinates41.4548, -82.2824
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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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

183 ft of deeded road frontage.

Power54 ft away

Power at or near the road.

Buildable area2.04 of 2.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,836
$36,309$47,364 · $17,288/ac on 2.42 ac
Asking vs estimate
-32.1%
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 $28,400
Maximum allowable offer
$23,907
$9,879/ac · +30.0% target margin

You need $4,493 off asking to hit this margin.

All-in cost$25,939
Net resale$38,490
Projected profit$12,550
ROI+48.4%
Annualized+69.2%
Break-even resale$11,651/ac
Profit if resale lands off target
-20%
$4,853
-10%
$8,701
0%
$12,550
+10%
$16,399
+20%
$20,248
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-612131
Dirt · Off grid
2.1Jun 30, 2026$19,2009,10014,7227.1 mi
81
OH-722854
Dirt · Power at road
3.6Jul 27, 2026$41,80011,75416,3436.6 mi
80
OH-353079
Landlocked · Power at road
4.2Sep 18, 2025$44,50010,61519,4514.3 mi
72
OH-781495
Dirt · Full utilities
1.3Aug 2, 2025$22,60016,95919,68710.5 mi
65
OH-831296
Paved · Power at road
1.1Feb 26, 2024$15,30013,29414,48711.3 mi
62
OH-350638
Gravel · Full utilities
0.7Mar 29, 2024$13,50018,99219,86012.0 mi
57
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.