← New search
Clay County, KY · Sold

KY-861534

6856 County Road 198

$9,400
$5,629/ac · 1.67 ac
Acreage1.67 ac
Price per acre$5,629/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJun 3, 2024
Coordinates37.2187, -83.6340
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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.3%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

128 ft of deeded road frontage.

Power247 ft away

Power at or near the road.

Buildable area1.37 of 1.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,827
$9,221$12,432 · $6,483/ac on 1.67 ac
Asking vs estimate
-13.2%
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 $9,400
Maximum allowable offer
$6,187
$3,705/ac · +30.0% target margin

You need $3,213 off asking to hit this margin.

All-in cost$6,713
Net resale$9,960
Projected profit$3,247
ROI+48.4%
Annualized+69.2%
Break-even resale$4,369/ac
Profit if resale lands off target
-20%
$1,255
-10%
$2,251
0%
$3,247
+10%
$4,244
+20%
$5,240
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-882194
Landlocked · Power at road
2.7Jul 27, 2026$11,0004,0866,08412.0 mi
76
KY-580949
Gravel · Power at road
1.1May 6, 2025$5,1004,6504,8703.2 mi
76
KY-532496
Paved · Off grid
3.4Jul 27, 2026$26,9008,0318,1596.9 mi
73
KY-592360
Landlocked · Power at road
3.0Feb 11, 2026$14,8004,8547,3919.6 mi
71
KY-272605
Dirt · Full utilities
3.6Jul 27, 2026$26,2007,2207,03010.6 mi
70
KY-122655
Landlocked · Full utilities
3.8Jul 27, 2026$15,8004,1975,17510.0 mi
70
KY-252024
Dirt · Off grid
2.4Oct 16, 2024$11,1004,6606,91510.6 mi
70
KY-100199
Paved · Off grid
0.6Mar 15, 2026$4,1006,3696,3945.6 mi
68
KY-583243
Paved · Off grid
5.8Jul 27, 2026$38,1006,6096,8667.6 mi
67
KY-812983
Gravel · Off grid
4.8Oct 25, 2025$22,9004,7916,0057.7 mi
65
Show adjustment detail for the top comp
  • Tract size (2.7 ac → 1.67 ac)+1.0%
  • Access (Landlocked → Gravel)+47.1%

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.