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Pickaway County, OH · Sold

OH-198755

5278 County Road 224

$1,098,100
$4,295/ac · 256 ac
Acreage256 ac
Price per acre$4,295/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedNov 17, 2024
Coordinates39.6460, -83.1517
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

Pickaway County, Ohio. Tillable ground with strong small-acreage homesite demand.

View Pickaway market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,159 ft of deeded road frontage.

Power12,948 ft away

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

Buildable area212.51 of 255.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,379,307
$1,193,384$1,565,229 · $5,395/ac on 256 ac
Asking vs estimate
-20.4%
Priced below the comp set

Weighted from 5 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 $1,098,100
Maximum allowable offer
$788,175
$3,083/ac · +30.0% target margin

You need $309,925 off asking to hit this margin.

All-in cost$855,170
Net resale$1,268,962
Projected profit$413,792
ROI+48.4%
Annualized+69.2%
Break-even resale$3,636/ac
Profit if resale lands off target
-20%
$160,000
-10%
$286,896
0%
$413,792
+10%
$540,689
+20%
$667,585
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-818415
Landlocked · Off grid
199.8Jan 30, 2026$601,7003,0114,9842.0 mi
81
OH-746855
Dirt · Off grid
64.5Jul 27, 2026$313,2004,8524,6843.4 mi
75
OH-318713
Dirt · Off grid
248.0Sep 13, 2024$1,125,9004,5406,6749.8 mi
73
OH-127841
Dirt · Power at road
131.8Jul 27, 2026$776,4005,8895,7399.8 mi
72
OH-447379
Landlocked · Power at road
94.3Sep 6, 2025$395,2004,1884,9219.4 mi
66
Show adjustment detail for the top comp
  • Tract size (199.84 ac → 255.65 ac)-6.7%
  • Access (Landlocked → Paved)+73.5%
  • Market time (6 mo)+2.3%

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.