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Casey County, KY · Sold

KY-409882

8621 County Road 275

$2,295,200
$3,247/ac · 707 ac
Acreage707 ac
Price per acre$3,247/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedAug 19, 2023
Coordinates37.3801, -84.8251
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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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope12.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power64 ft away

Power at or near the road.

Buildable area545.17 of 706.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,886,979
$1,512,999$2,260,960 · $2,669/ac on 707 ac
Asking vs estimate
+21.6%
Priced above the comp set

Weighted from 5 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 $2,295,200
Maximum allowable offer
$1,078,274
$1,525/ac · +30.0% target margin

You need $1,216,926 off asking to hit this margin.

All-in cost$1,169,927
Net resale$1,736,021
Projected profit$566,094
ROI+48.4%
Annualized+69.2%
Break-even resale$1,799/ac
Profit if resale lands off target
-20%
$218,890
-10%
$392,492
0%
$566,094
+10%
$739,696
+20%
$913,298
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-979797
Gravel · Off grid
664.7Mar 17, 2026$1,463,1002,2012,5856.2 mi
83
KY-979607
Dirt · Power at road
579.2Apr 29, 2026$1,099,7001,8992,1037.4 mi
80
KY-449104
Gravel · Power at road
402.3Jul 27, 2026$1,069,1002,6572,2459.0 mi
78
KY-538357
Gravel · Power at road
234.2Apr 6, 2025$1,086,4004,6393,53212.8 mi
65
KY-818185
Gravel · Off grid
206.8Sep 7, 2025$766,4003,7073,15210.0 mi
61
Show adjustment detail for the top comp
  • Tract size (664.7 ac → 706.91 ac)-1.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (5 mo)+1.7%

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.