Comparable sales & offer analysis
Parcel OH-962196
Licking County, OH · 2.21 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,900
Adjusted value
$18,505
Value range
$14,994–$22,015
Comp $/acre
$8,373/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.3% versus the adjusted value.
Offer position
Max allowable offer
$10,574
Offer $/acre
$4,785/ac
Projected profit
$5,551
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-662081 | 2.0 | Aug 27, 2025 | $14,900 | 7,343 | 7,646 | 78 |
| OH-592456 | 2.7 | May 23, 2025 | $22,000 | 8,251 | 10,190 | 75 |
| OH-950899 | 0.9 | Nov 21, 2024 | $7,500 | 8,747 | 7,627 | 67 |
| OH-190775 | 0.8 | Jul 8, 2024 | $5,500 | 6,970 | 6,161 | 65 |
| OH-733178 | 4.5 | Dec 19, 2024 | $35,800 | 7,951 | 10,280 | 65 |
| OH-291193 | 1.1 | Jul 5, 2025 | $4,500 | 4,245 | 6,041 | 64 |
| OH-111175 | 1.1 | May 20, 2024 | $7,500 | 7,114 | 9,097 | 64 |
| OH-463658 | 6.4 | Aug 10, 2025 | $40,200 | 6,305 | 8,083 | 63 |
| OH-730510 | 0.7 | May 25, 2024 | $4,600 | 7,056 | 10,442 | 55 |
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.