Clay County, KY · Sold

KY-897904

1678 County Road 261

$434,900

$2,578/ac · 169 ac

Offer report Market this tract

Acreage169 ac

Price per acre$2,578/ac

ZoningUnzoned

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedMay 28, 2025

Coordinates37.1270, -83.7260

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

Low risk

Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope26.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,959 ft of deeded road frontage.

Power4,870 ft away

Service extension needed; get a utility quote.

Buildable area98.07 of 168.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$489,228

$423,722 – $554,734 · $2,900/ac on 169 ac

Asking vs estimate

-11.1%

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 $434,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$279,559

$1,657/ac · +30.0% target margin

You need $155,341 off asking to hit this margin.

All-in cost$303,322

Net resale$450,090

Projected profit$146,768

ROI+48.4%

Annualized+69.2%

Break-even resale$1,955/ac

Profit if resale lands off target

-20%

$56,750

-10%

$101,759

$146,768

+10%

$191,777

+20%

$236,786

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KY-268579 Gravel · Power at road	275.1	Jul 27, 2026	$877,800	3,191	3,118	4.2 mi	85
KY-488124 Paved · Off grid	197.8	Mar 21, 2026	$522,700	2,642	2,379	3.6 mi	83
KY-848013 Landlocked · Power at road	182.5	Oct 2, 2025	$402,300	2,204	2,918	5.2 mi	78
KY-169438 Gravel · Power at road	512.5	Jul 27, 2026	$1,397,900	2,728	3,205	3.6 mi	74
KY-497185 Gravel · Off grid	100.2	Sep 19, 2025	$310,500	3,099	2,810	6.2 mi	74
KY-908898 Dirt · Off grid	346.6	Dec 19, 2025	$817,400	2,359	3,458	1.8 mi	73
KY-456845 Dirt · Power at road	78.3	Oct 26, 2024	$222,600	2,842	2,489	4.1 mi	67
KY-566438 Gravel · Power at road	58.3	Sep 8, 2025	$192,200	3,295	2,246	3.6 mi	67
KY-606817 Gravel · Off grid	76.8	Feb 25, 2024	$274,100	3,572	3,232	7.5 mi	63
KY-366541 Landlocked · Full utilities	62.8	Aug 27, 2024	$231,000	3,676	3,197	8.1 mi	57

Show adjustment detail for the top comp

Tract size (275.06 ac → 168.68 ac)+14.7%
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.

Build the listing kit Post a deal or JV