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Wayne County, OH · Sold

OH-601704

4550 County Road 237

$11,100
$7,161/ac · 1.55 ac
Acreage1.55 ac
Price per acre$7,161/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMay 27, 2024
Coordinates40.7644, -81.8412
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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

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

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
25
Low risk
Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power228 ft away

Power at or near the road.

Buildable area1.47 of 1.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,060
$8,266$13,854 · $7,135/ac on 1.55 ac
Asking vs estimate
+0.4%
In line with the comp set

Weighted from 8 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 $11,100
Maximum allowable offer
$6,320
$4,077/ac · +30.0% target margin

You need $4,780 off asking to hit this margin.

All-in cost$6,857
Net resale$10,175
Projected profit$3,318
ROI+48.4%
Annualized+69.2%
Break-even resale$4,809/ac
Profit if resale lands off target
-20%
$1,283
-10%
$2,300
0%
$3,318
+10%
$4,335
+20%
$5,353
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-482366
Dirt · Off grid
2.5Jul 27, 2026$13,3005,3074,9954.0 mi
79
OH-211286
Gravel · Power at road
1.1Apr 5, 2026$14,70012,8688,8477.1 mi
78
OH-291559
Gravel · Power at road
1.4Feb 5, 2025$9,5006,8464,9455.4 mi
75
OH-541575
Dirt · Off grid
1.4Jun 14, 2025$9,7006,8886,7136.4 mi
75
OH-702581
Gravel · Full utilities
2.9Dec 9, 2025$42,00014,3988,3680.9 mi
73
OH-622923
Dirt · Power at road
3.7Apr 3, 2026$37,40010,0078,2094.5 mi
72
OH-852266
Dirt · Full utilities
2.3May 11, 2025$33,30014,3729,8869.3 mi
67
OH-761021
Dirt · Full utilities
0.9Sep 17, 2024$7,1007,5355,2438.6 mi
63
Show adjustment detail for the top comp
  • Tract size (2.5 ac → 1.55 ac)+1.0%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.