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Richland County, OH · Sold

OH-866664

4154 County Road 231

$529,600
$9,422/ac · 56.21 ac
Acreage56.21 ac
Price per acre$9,422/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedJan 9, 2024
Coordinates40.7942, -82.4691
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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

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

View Richland market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope16.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,204 ft of deeded road frontage.

Power10,820 ft away

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

Buildable area44.07 of 56.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$528,067
$477,286$578,847 · $9,395/ac on 56.21 ac
Asking vs estimate
+0.3%
In line with 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 $529,600
Maximum allowable offer
$301,752
$5,368/ac · +30.0% target margin

You need $227,848 off asking to hit this margin.

All-in cost$327,401
Net resale$485,821
Projected profit$158,420
ROI+48.4%
Annualized+69.3%
Break-even resale$6,331/ac
Profit if resale lands off target
-20%
$61,256
-10%
$109,838
0%
$158,420
+10%
$207,002
+20%
$255,585
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-834937
Gravel · Off grid
16.1Dec 17, 2025$141,5008,7978,7314.9 mi
70
OH-337808
Paved · Power at road
128.7May 31, 2025$1,014,6007,8818,5587.6 mi
70
OH-195220
Landlocked · Full utilities
19.8Jul 27, 2026$214,20010,84411,0206.9 mi
69
OH-295707
Landlocked · Off grid
28.1Jul 28, 2024$154,1005,4839,1094.3 mi
65
OH-565428
Dirt · Power at road
23.0Apr 10, 2024$200,6008,7399,5819.1 mi
57
Show adjustment detail for the top comp
  • Tract size (16.09 ac → 56.21 ac)-18.2%
  • Access (Gravel → Paved)+18.0%
  • Market time (8 mo)+2.8%

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.