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Richland County, OH · Sold

OH-139962

7779 County Road 389

$1,655,000
$2,700/ac · 613 ac
Acreage613 ac
Price per acre$2,700/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedNov 26, 2024
Coordinates40.7858, -82.5336
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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

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands13.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,584 ft away

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

Buildable area504.22 of 612.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,525,305
$1,403,280$1,647,329 · $2,489/ac on 613 ac
Asking vs estimate
+8.5%
Priced above 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 $1,655,000
Maximum allowable offer
$871,603
$1,422/ac · +30.0% target margin

You need $783,397 off asking to hit this margin.

All-in cost$945,689
Net resale$1,403,280
Projected profit$457,591
ROI+48.4%
Annualized+69.2%
Break-even resale$1,677/ac
Profit if resale lands off target
-20%
$176,935
-10%
$317,263
0%
$457,591
+10%
$597,919
+20%
$738,247
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-929434
Landlocked · Power at road
418.1Apr 11, 2025$1,192,4002,8522,2820.5 mi
76
OH-709188
Paved · Power at road
349.8Oct 28, 2025$2,096,9005,9942,5642.5 mi
72
OH-628470
Gravel · Power at road
208.0Nov 7, 2024$1,067,0005,1312,3183.8 mi
60
OH-337808
Paved · Power at road
128.7May 31, 2025$1,014,6007,8812,5934.7 mi
58
OH-866664
Paved · Off grid
56.2Sep 16, 2024$474,0008,4332,7603.4 mi
53
Show adjustment detail for the top comp
  • Tract size (418.09 ac → 612.89 ac)-10.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (16 mo)+5.7%

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.