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Clay County, KY · Sold

KY-605124

5376 County Road 293

$182,000
$8,085/ac · 22.51 ac
Acreage22.51 ac
Price per acre$8,085/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 7, 2024
Coordinates37.1897, -83.8098
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

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope10.3%

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.

Power120 ft away

Power at or near the road.

Buildable area21.09 of 22.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$145,730
$110,545$180,915 · $6,474/ac on 22.51 ac
Asking vs estimate
+24.9%
Priced above 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 $182,000
Maximum allowable offer
$83,274
$3,699/ac · +30.0% target margin

You need $98,726 off asking to hit this margin.

All-in cost$90,352
Net resale$134,072
Projected profit$43,719
ROI+48.4%
Annualized+69.3%
Break-even resale$4,363/ac
Profit if resale lands off target
-20%
$16,905
-10%
$30,312
0%
$43,719
+10%
$57,126
+20%
$70,534
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-625019
Gravel · Off grid
20.9Jul 27, 2026$81,4003,9015,3727.1 mi
83
KY-685258
Dirt · Power at road
24.8Feb 19, 2026$124,5005,0207,1253.7 mi
83
KY-464379
Gravel · Power at road
13.1Jul 3, 2026$77,5005,9086,5784.4 mi
83
KY-474757
Landlocked · Power at road
17.3Mar 9, 2025$56,8003,2905,8533.6 mi
79
KY-503617
Paved · Full utilities
7.6Apr 12, 2026$49,5006,5454,8891.4 mi
78
KY-915353
Landlocked · Power at road
26.6May 29, 2024$130,1004,8969,5126.4 mi
76
KY-465108
Dirt · Power at road
22.3May 1, 2025$94,2004,2346,11510.0 mi
76
KY-566438
Gravel · Power at road
58.3Sep 8, 2025$192,2003,2954,7732.8 mi
72
KY-836081
Dirt · Off grid
45.0Jun 27, 2026$137,9003,0635,5748.3 mi
72
KY-955410
Gravel · Off grid
27.7Oct 1, 2023$161,3005,8229,33610.7 mi
64
Show adjustment detail for the top comp
  • Tract size (20.86 ac → 22.51 ac)-1.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.