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Clay County, KY · Sold

KY-908898

3864 County Road 129

$795,900
$2,297/ac · 347 ac
Acreage347 ac
Price per acre$2,297/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedDec 26, 2024
Coordinates37.1150, -83.6974
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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

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,122 ft of deeded road frontage.

Power6,746 ft away

A long utility run — price in solar/off-grid instead.

Buildable area323.97 of 346.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$695,699
$627,590$763,807 · $2,007/ac on 347 ac
Asking vs estimate
+14.4%
Priced above the comp set

Weighted from 6 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 $795,900
Maximum allowable offer
$397,542
$1,147/ac · +30.0% target margin

You need $398,358 off asking to hit this margin.

All-in cost$431,333
Net resale$640,043
Projected profit$208,710
ROI+48.4%
Annualized+69.2%
Break-even resale$1,353/ac
Profit if resale lands off target
-20%
$80,701
-10%
$144,705
0%
$208,710
+10%
$272,714
+20%
$336,718
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-268579
Gravel · Power at road
275.1Jul 27, 2026$877,8003,1912,1863.6 mi
83
KY-169438
Gravel · Power at road
512.5Jul 27, 2026$1,397,9002,7282,2461.8 mi
81
KY-488124
Paved · Off grid
197.8Mar 21, 2026$522,7002,6421,6671.8 mi
77
KY-848013
Landlocked · Power at road
182.5Oct 2, 2025$402,3002,2042,0456.8 mi
72
KY-897904
Gravel · Off grid
168.7Oct 26, 2025$441,0002,6141,8941.8 mi
72
KY-497185
Gravel · Off grid
100.2Sep 19, 2025$310,5003,0991,9697.5 mi
62
Show adjustment detail for the top comp
  • Tract size (275.06 ac → 346.57 ac)-6.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.