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Lorain County, OH · Sold

OH-657581

4542 County Road 262

$846,700
$7,752/ac · 109 ac
Acreage109 ac
Price per acre$7,752/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedOct 12, 2023
Coordinates41.5183, -82.1357
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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
26
Low risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,557 ft of deeded road frontage.

Power6,578 ft away

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

Buildable area88.40 of 109.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$719,604
$577,884$861,323 · $6,589/ac on 109 ac
Asking vs estimate
+17.7%
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 $846,700
Maximum allowable offer
$411,202
$3,765/ac · +30.0% target margin

You need $435,498 off asking to hit this margin.

All-in cost$446,154
Net resale$662,035
Projected profit$215,881
ROI+48.4%
Annualized+69.2%
Break-even resale$4,440/ac
Profit if resale lands off target
-20%
$83,474
-10%
$149,678
0%
$215,881
+10%
$282,085
+20%
$348,288
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-427599
Dirt · Power at road
110.7Jul 27, 2026$1,131,70010,2278,7417.1 mi
88
OH-937768
Gravel · Off grid
125.1Apr 3, 2026$785,3006,2795,6765.1 mi
82
OH-557393
Landlocked · Power at road
95.3Jul 27, 2026$688,7007,2267,5278.5 mi
81
OH-456653
Dirt · Power at road
55.8Jul 27, 2026$393,3007,0535,1464.1 mi
78
OH-448709
Gravel · Power at road
247.3Jul 27, 2026$1,727,4006,9866,3804.1 mi
74
OH-796396
Landlocked · Off grid
46.3Jul 20, 2024$226,0004,8825,53710.4 mi
59
Show adjustment detail for the top comp
  • 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.