Comparable sales & offer analysis
Parcel OH-463658
Licking County, OH · 6.37 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$40,000
Adjusted value
$39,057
Value range
$28,121–$49,993
Comp $/acre
$6,131/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.4% versus the adjusted value.
Offer position
Max allowable offer
$22,318
Offer $/acre
$3,504/ac
Projected profit
$11,717
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| OH-764565 | 12.3 | Jul 27, 2026 | $31,500 | 2,562 | 3,985 | 77 |
| OH-733178 | 4.5 | Dec 19, 2024 | $35,800 | 7,951 | 8,405 | 77 |
| OH-784412 | 11.0 | Feb 22, 2025 | $101,100 | 9,194 | 7,106 | 66 |
| OH-662081 | 2.0 | Aug 27, 2025 | $14,900 | 7,343 | 6,251 | 62 |
| OH-962196 | 2.2 | Feb 12, 2025 | $11,200 | 5,084 | 4,443 | 60 |
| OH-592456 | 2.7 | May 23, 2025 | $22,000 | 8,251 | 8,331 | 60 |
| OH-465351 | 21.7 | Sep 5, 2024 | $88,000 | 4,051 | 4,190 | 57 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.
