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Clay County, KY · Sold

KY-465108

2163 County Road 318

$114,600
$5,151/ac · 22.25 ac
Acreage22.25 ac
Price per acre$5,151/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedNov 21, 2024
Coordinates37.2376, -83.6380
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

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

View Clay market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands49.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

477 ft of deeded road frontage.

Power50 ft away

Power at or near the road.

Buildable area10.78 of 22.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$110,843
$82,643$139,042 · $4,982/ac on 22.25 ac
Asking vs estimate
+3.4%
In line with 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 $114,600
Maximum allowable offer
$63,339
$2,847/ac · +30.0% target margin

You need $51,261 off asking to hit this margin.

All-in cost$68,723
Net resale$101,975
Projected profit$33,253
ROI+48.4%
Annualized+69.2%
Break-even resale$3,357/ac
Profit if resale lands off target
-20%
$12,857
-10%
$23,055
0%
$33,253
+10%
$43,450
+20%
$53,648
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-685258
Dirt · Power at road
24.8Feb 19, 2026$124,5005,0205,2016.4 mi
84
KY-625019
Gravel · Off grid
20.9Jul 27, 2026$81,4003,9013,9217.4 mi
83
KY-464379
Gravel · Power at road
13.1Jul 3, 2026$77,5005,9084,8027.9 mi
76
KY-605124
Paved · Power at road
22.5Oct 18, 2024$189,1008,4016,60310.0 mi
73
KY-915353
Landlocked · Power at road
26.6May 29, 2024$130,1004,8966,9434.1 mi
72
KY-836081
Dirt · Off grid
45.0Jun 27, 2026$137,9003,0634,06912.3 mi
72
KY-474757
Landlocked · Power at road
17.3Mar 9, 2025$56,8003,2904,2727.5 mi
72
KY-955410
Gravel · Off grid
27.7Oct 1, 2023$161,3005,8226,8153.3 mi
69
KY-503617
Paved · Full utilities
7.6Apr 12, 2026$49,5006,5453,5698.6 mi
65
KY-566438
Gravel · Power at road
58.3Sep 8, 2025$192,2003,2953,4849.5 mi
64
Show adjustment detail for the top comp
  • Tract size (24.81 ac → 22.25 ac)+1.5%
  • Market time (6 mo)+2.0%

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.