← New search
Breathitt County, KY · Sold

KY-283878

5938 County Road 281

$38,700
$4,239/ac · 9.13 ac
Acreage9.13 ac
Price per acre$4,239/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 18, 2025
Coordinates37.4801, -83.3088
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Breathitt County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Breathitt market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

437 ft of deeded road frontage.

Power177 ft away

Power at or near the road.

Buildable area7.77 of 9.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$51,354
$41,502$61,206 · $5,625/ac on 9.13 ac
Asking vs estimate
-24.6%
Priced below the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $38,700
Maximum allowable offer
$29,345
$3,214/ac · +30.0% target margin

You need $9,355 off asking to hit this margin.

All-in cost$31,839
Net resale$47,246
Projected profit$15,406
ROI+48.4%
Annualized+69.3%
Break-even resale$3,791/ac
Profit if resale lands off target
-20%
$5,957
-10%
$10,682
0%
$15,406
+10%
$20,131
+20%
$24,856
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-233633
Paved · Full utilities
7.6Mar 5, 2026$44,2005,7854,0433.1 mi
80
KY-324730
Paved · Off grid
16.9Jul 27, 2026$106,1006,2706,6397.1 mi
74
KY-123517
Dirt · Full utilities
7.0Jan 23, 2025$41,1005,8475,8355.2 mi
71
KY-323389
Dirt · Power at road
6.4Jan 19, 2025$23,5003,6634,4376.4 mi
70
KY-585237
Dirt · Off grid
24.4Jul 27, 2026$91,3003,7375,6947.9 mi
69
KY-305339
Gravel · Off grid
26.3Jan 29, 2025$101,9003,8755,4532.8 mi
65
KY-222324
Dirt · Power at road
3.0Jun 17, 2025$12,2004,1284,7669.3 mi
61
KY-692365
Dirt · Off grid
3.0Dec 2, 2023$14,4004,7356,8341.4 mi
59
KY-405233
Paved · Full utilities
24.4Dec 19, 2024$219,9009,0257,4497.6 mi
59
Show adjustment detail for the top comp
  • Tract size (7.64 ac → 9.13 ac)-1.2%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (5 mo)+1.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.