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Wood County, OH · Sold

OH-619729

8766 County Road 38

$1,252,200
$2,419/ac · 518 ac
Acreage518 ac
Price per acre$2,419/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedNov 7, 2024
Coordinates41.3192, -83.6752
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,098 ft away

Service extension needed; get a utility quote.

Buildable area440.17 of 517.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,431,346
$1,072,413$1,790,279 · $2,765/ac on 518 ac
Asking vs estimate
-12.5%
Priced below the comp set

Weighted from 6 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 $1,252,200
Maximum allowable offer
$817,912
$1,580/ac · +30.0% target margin

You need $434,288 off asking to hit this margin.

All-in cost$887,435
Net resale$1,316,838
Projected profit$429,403
ROI+48.4%
Annualized+69.2%
Break-even resale$1,863/ac
Profit if resale lands off target
-20%
$166,036
-10%
$297,720
0%
$429,403
+10%
$561,087
+20%
$692,771
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OH-939653
Landlocked · Full utilities
490.0Apr 22, 2026$1,277,7002,6082,6638.0 mi
81
OH-689299
Landlocked · Off grid
379.1Jun 25, 2025$632,5001,6682,3428.5 mi
76
OH-449121
Gravel · Power at road
333.3Oct 19, 2024$1,288,5003,8663,1025.0 mi
74
OH-228179
Paved · Off grid
168.4Jul 24, 2026$657,9003,9062,3983.1 mi
74
OH-928190
Gravel · Full utilities
169.8Mar 18, 2026$666,9003,9282,0169.1 mi
71
OH-248652
Dirt · Power at road
237.3Jul 15, 2025$1,219,2005,1384,2214.5 mi
66
Show adjustment detail for the top comp
  • Tract size (489.97 ac → 517.7 ac)-1.6%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.3%

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.