Comparable sales & offer analysis
Parcel OH-448709
Lorain County, OH · 247 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,643,600
Adjusted value
$1,943,502
Value range
$1,504,020–$2,382,984
Comp $/acre
$7,860/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.4% versus the adjusted value.
Offer position
Max allowable offer
$1,110,573
Offer $/acre
$4,491/ac
Projected profit
$583,051
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-937768 | 125.1 | Apr 3, 2026 | $785,300 | 6,279 | 6,263 | 78 |
| OH-319582 | 465.4 | Jan 8, 2026 | $2,848,700 | 6,121 | 8,938 | 73 |
| OH-427599 | 110.7 | Jul 27, 2026 | $1,131,700 | 10,227 | 9,645 | 73 |
| OH-557393 | 95.3 | Jul 27, 2026 | $688,700 | 7,226 | 8,306 | 72 |
| OH-669475 | 430.7 | Feb 11, 2024 | $3,135,000 | 7,279 | 9,514 | 70 |
| OH-859858 | 568.4 | Sep 20, 2024 | $1,295,600 | 2,279 | 4,330 | 67 |
| OH-657581 | 109.2 | Nov 6, 2023 | $704,500 | 6,450 | 7,943 | 59 |
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.