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As I suspected, you've actually already made up your mind that this is what you want and are looking for reasons/excuses to justify that decision. I'd recommend proceeding very slowly. There's a fairly obvious reason the other lots are priced as they are relative to this one it appears.
Just a question--what are you going to be able to do on 5A you couldn't on 3?
Harry K wrote: ....
Only other thought I would have would be is there any possibility of a joint effort to get Rural District water (or whatever they have as equivalent in OH?)
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One additional thought--have you thought about the possible resale value down the road when/if there does become an issue of the marginal (at best) well goes south? In such an event any possible bargain up front (and more) may easily be lost in a forced "fire sale"...
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