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Casey County, KY · Sold

KY-557033

5004 County Road 16

$540,100
$6,018/ac · 89.75 ac
Acreage89.75 ac
Price per acre$6,018/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedSep 12, 2025
Coordinates37.2747, -84.9848
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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

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

View Casey market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

840 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area77.93 of 89.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$683,682
$508,422$858,941 · $7,618/ac on 89.75 ac
Asking vs estimate
-21.0%
Priced below the comp set

Weighted from 10 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 $540,100
Maximum allowable offer
$390,675
$4,353/ac · +30.0% target margin

You need $149,425 off asking to hit this margin.

All-in cost$423,882
Net resale$628,987
Projected profit$205,105
ROI+48.4%
Annualized+69.2%
Break-even resale$5,134/ac
Profit if resale lands off target
-20%
$79,307
-10%
$142,206
0%
$205,105
+10%
$268,004
+20%
$330,902
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-477557
Dirt · Power at road
131.2May 23, 2026$485,9003,7046,8856.4 mi
76
KY-367075
Dirt · Off grid
92.5Oct 12, 2024$510,0005,51211,7812.1 mi
76
KY-866401
Landlocked · Full utilities
56.8Nov 18, 2025$173,2003,0504,9242.6 mi
76
KY-736403
Paved · Off grid
56.9May 12, 2025$359,3006,3198,6176.3 mi
75
KY-538357
Gravel · Power at road
234.2Apr 6, 2025$1,086,4004,6399,0941.5 mi
69
KY-818185
Gravel · Off grid
206.8Sep 7, 2025$766,4003,7078,1152.8 mi
68
KY-856317
Landlocked · Full utilities
53.4Jun 15, 2024$214,9004,0216,7828.0 mi
64
KY-568034
Dirt · Off grid
185.3Jun 26, 2025$583,1003,1467,8337.2 mi
64
KY-405525
Paved · Power at road
30.1Jan 7, 2025$151,0005,0185,2403.7 mi
63
KY-387890
Dirt · Off grid
167.0Jul 16, 2024$424,4002,5426,3835.9 mi
63
Show adjustment detail for the top comp
  • Tract size (131.19 ac → 89.75 ac)+10.0%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (3 mo)+1.0%

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.