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Clay County, KY · Sold

KY-566438

1084 County Road 42

$226,900
$3,891/ac · 58.32 ac
Acreage58.32 ac
Price per acre$3,891/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 21, 2025
Coordinates37.1575, -83.7782
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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

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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,540 ft of deeded road frontage.

Power5 ft away

Power at or near the road.

Buildable area51.97 of 58.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$266,503
$219,581$313,425 · $4,570/ac on 58.32 ac
Asking vs estimate
-14.9%
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 $226,900
Maximum allowable offer
$152,287
$2,611/ac · +30.0% target margin

You need $74,613 off asking to hit this margin.

All-in cost$165,231
Net resale$245,182
Projected profit$79,951
ROI+48.4%
Annualized+69.3%
Break-even resale$3,080/ac
Profit if resale lands off target
-20%
$30,915
-10%
$55,433
0%
$79,951
+10%
$104,469
+20%
$128,987
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-836081
Dirt · Off grid
45.0Jun 27, 2026$137,9003,0634,0005.6 mi
80
KY-606817
Gravel · Off grid
76.8Feb 25, 2024$274,1003,5724,9294.1 mi
76
KY-625019
Gravel · Off grid
20.9Jul 27, 2026$81,4003,9013,8544.7 mi
74
KY-366541
Landlocked · Full utilities
62.8Aug 27, 2024$231,0003,6764,8755.2 mi
73
KY-497185
Gravel · Off grid
100.2Sep 19, 2025$310,5003,0994,2854.2 mi
73
KY-456845
Dirt · Power at road
78.3Oct 26, 2024$222,6002,8423,7953.1 mi
72
KY-685258
Dirt · Power at road
24.8Feb 19, 2026$124,5005,0205,1134.3 mi
71
KY-488124
Paved · Off grid
197.8Mar 21, 2026$522,7002,6423,6287.1 mi
69
KY-246141
Dirt · Off grid
47.0Jan 26, 2024$158,3003,3664,8813.7 mi
69
KY-605124
Paved · Power at road
22.5Oct 18, 2024$189,1008,4016,4902.8 mi
68
Show adjustment detail for the top comp
  • Tract size (45.03 ac → 58.32 ac)-5.1%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.6%

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.