Comparable sales & offer analysis
Parcel OH-605300
Lorain County, OH · 20.92 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$238,300
Adjusted value
$204,396
Value range
$165,992–$242,800
Comp $/acre
$9,770/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.6% versus the adjusted value.
Offer position
Max allowable offer
$116,798
Offer $/acre
$5,583/ac
Projected profit
$61,319
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-265324 | 21.3 | Jul 27, 2026 | $162,200 | 7,617 | 7,651 | 94 |
| OH-335257 | 20.3 | Nov 7, 2025 | $237,400 | 11,706 | 12,036 | 82 |
| OH-234291 | 10.1 | Jul 27, 2026 | $108,900 | 10,817 | 10,159 | 80 |
| OH-615679 | 27.5 | Aug 3, 2025 | $361,800 | 13,137 | 12,222 | 80 |
| OH-664220 | 9.6 | Jun 6, 2026 | $92,500 | 9,665 | 7,730 | 80 |
| OH-935532 | 24.8 | May 8, 2026 | $423,500 | 17,113 | 12,487 | 77 |
| OH-456653 | 55.8 | Jul 27, 2026 | $393,300 | 7,053 | 8,352 | 75 |
| OH-394610 | 12.7 | Feb 17, 2025 | $82,200 | 6,474 | 9,674 | 72 |
| OH-494268 | 9.9 | Feb 22, 2025 | $65,500 | 6,609 | 8,211 | 63 |
| OH-796396 | 46.3 | Jul 20, 2024 | $226,000 | 4,882 | 8,987 | 63 |
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.