If you inherited it there is a basis.

The sale is a capital gain.

You will pay taxes on the difference between the basis (what it was worth when you inherited it) and the sale price, and maybe depreciation recapture on the value of the buildings.  Details matter.

The federal capital gains tax rate is graduated, 0, 15, and 20%.  Just figure about 15% on the gain for easy federal figuring.  You might be able to accomplish a 1031 tax free exchange.

I have no idea what OH’s capital gain taxes are.



Pay your tax guy for advice, it is worth it when dealing with these kinds of numbers.