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Lorain County, OH · Sold

OH-859858

6128 County Road 298

$1,549,800
$2,727/ac · 568 ac
Acreage568 ac
Price per acre$2,727/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 30, 2024
Coordinates41.4975, -82.1715
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
19
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope16.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,751 ft of deeded road frontage.

Power2,364 ft away

Service extension needed; get a utility quote.

Buildable area425.63 of 568.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,651,148
$2,241,509$3,060,788 · $4,664/ac on 568 ac
Asking vs estimate
-41.5%
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 $1,549,800
Maximum allowable offer
$1,514,942
$2,665/ac · +30.0% target margin

You need $34,858 off asking to hit this margin.

All-in cost$1,643,712
Net resale$2,439,057
Projected profit$795,345
ROI+48.4%
Annualized+69.2%
Break-even resale$3,143/ac
Profit if resale lands off target
-20%
$307,533
-10%
$551,439
0%
$795,345
+10%
$1,039,250
+20%
$1,283,156
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-319582
Gravel · Off grid
465.4Jan 8, 2026$2,848,7006,1215,0805.7 mi
79
OH-448709
Gravel · Power at road
247.3Jul 27, 2026$1,727,4006,9864,0013.0 mi
79
OH-937768
Gravel · Off grid
125.1Apr 3, 2026$785,3006,2793,5593.0 mi
71
OH-427599
Dirt · Power at road
110.7Jul 27, 2026$1,131,70010,2275,4825.1 mi
68
OH-669475
Gravel · Power at road
430.7Feb 11, 2024$3,135,0007,2795,4104.3 mi
68
OH-657581
Dirt · Off grid
109.2Nov 6, 2023$704,5006,4504,5172.3 mi
58
Show adjustment detail for the top comp
  • Tract size (465.41 ac → 568.42 ac)-5.9%
  • Access (Gravel → Dirt)-14.0%
  • Market time (7 mo)+2.5%

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.