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Wood County, OH · Sold

OH-248652

123 County Road 156

$1,194,100
$5,033/ac · 237 ac
Acreage237 ac
Price per acre$5,033/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJun 15, 2024
Coordinates41.3809, -83.6461
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

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

View Wood market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,514 ft of deeded road frontage.

Power220 ft away

Power at or near the road.

Buildable area222.25 of 237.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$794,623
$626,899$962,348 · $3,349/ac on 237 ac
Asking vs estimate
+50.3%
Priced above the comp set

Weighted from 9 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 $1,194,100
Maximum allowable offer
$454,071
$1,914/ac · +30.0% target margin

You need $740,029 off asking to hit this margin.

All-in cost$492,667
Net resale$731,054
Projected profit$238,386
ROI+48.4%
Annualized+69.2%
Break-even resale$2,257/ac
Profit if resale lands off target
-20%
$92,176
-10%
$165,281
0%
$238,386
+10%
$311,492
+20%
$384,597
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-228179
Paved · Off grid
168.4Jul 24, 2026$657,9003,9063,0532.3 mi
81
OH-928190
Gravel · Full utilities
169.8Mar 18, 2026$666,9003,9282,5664.9 mi
77
OH-449121
Gravel · Power at road
333.3Oct 19, 2024$1,288,5003,8663,9490.5 mi
74
OH-197952
Gravel · Power at road
142.9Aug 25, 2024$892,7006,2485,0613.2 mi
73
OH-939653
Landlocked · Full utilities
490.0Apr 22, 2026$1,277,7002,6083,3894.7 mi
72
OH-246945
Landlocked · Power at road
68.9Jul 27, 2026$231,1003,3543,0935.4 mi
70
OH-689299
Landlocked · Off grid
379.1Jun 25, 2025$632,5001,6682,9815.5 mi
69
OH-767036
Dirt · Off grid
73.6Jun 30, 2025$234,6003,1882,9007.4 mi
67
OH-619729
Gravel · Off grid
517.7Sep 21, 2025$1,232,2002,3803,1444.5 mi
67
Show adjustment detail for the top comp
  • Tract size (168.43 ac → 237.27 ac)-9.1%
  • Access (Paved → Dirt)-27.1%
  • 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.