Comparable sales & offer analysis
Parcel OH-494268
Lorain County, OH · 9.91 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$70,500
Adjusted value
$89,034
Value range
$74,246–$103,822
Comp $/acre
$8,984/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.8% versus the adjusted value.
Offer position
Max allowable offer
$50,877
Offer $/acre
$5,134/ac
Projected profit
$26,710
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-234291 | 10.1 | Jul 27, 2026 | $108,900 | 10,817 | 8,684 | 85 |
| OH-664220 | 9.6 | Jun 6, 2026 | $92,500 | 9,665 | 6,607 | 84 |
| OH-265324 | 21.3 | Jul 27, 2026 | $162,200 | 7,617 | 6,540 | 74 |
| OH-335257 | 20.3 | Nov 7, 2025 | $237,400 | 11,706 | 10,288 | 74 |
| OH-605300 | 20.9 | May 13, 2026 | $237,100 | 11,334 | 9,794 | 71 |
| OH-935532 | 24.8 | May 8, 2026 | $423,500 | 17,113 | 10,674 | 71 |
| OH-394610 | 12.7 | Feb 17, 2025 | $82,200 | 6,474 | 8,269 | 71 |
| OH-722854 | 3.6 | Jul 27, 2026 | $41,800 | 11,754 | 8,812 | 70 |
| OH-353079 | 4.2 | Sep 18, 2025 | $44,500 | 10,615 | 10,488 | 69 |
| OH-615679 | 27.5 | Aug 3, 2025 | $361,800 | 13,137 | 10,447 | 61 |
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.