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Clay County, KY · Sold

KY-503617

8998 County Road 291

$57,600
$7,619/ac · 7.56 ac
Acreage7.56 ac
Price per acre$7,619/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedJul 29, 2025
Coordinates37.1956, -83.7861
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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
17
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area6.56 of 7.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,045
$56,371$79,718 · $9,001/ac on 7.56 ac
Asking vs estimate
-15.3%
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 $57,600
Maximum allowable offer
$38,883
$5,143/ac · +30.0% target margin

You need $18,717 off asking to hit this margin.

All-in cost$42,188
Net resale$62,601
Projected profit$20,413
ROI+48.4%
Annualized+69.2%
Break-even resale$6,066/ac
Profit if resale lands off target
-20%
$7,893
-10%
$14,153
0%
$20,413
+10%
$26,673
+20%
$32,933
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-583243
Paved · Off grid
5.8Jul 27, 2026$38,1006,6099,3597.3 mi
82
KY-464379
Gravel · Power at road
13.1Jul 3, 2026$77,5005,9088,9333.7 mi
81
KY-122655
Landlocked · Full utilities
3.8Jul 27, 2026$15,8004,1977,0553.0 mi
78
KY-272605
Dirt · Full utilities
3.6Jul 27, 2026$26,2007,2209,5834.2 mi
77
KY-532496
Paved · Off grid
3.4Jul 27, 2026$26,9008,03111,1216.3 mi
75
KY-812983
Gravel · Off grid
4.8Oct 25, 2025$22,9004,7918,1851.3 mi
74
KY-882194
Landlocked · Power at road
2.7Jul 27, 2026$11,0004,0868,2936.2 mi
71
KY-625019
Gravel · Off grid
20.9Jul 27, 2026$81,4003,9017,2956.2 mi
70
KY-474757
Landlocked · Power at road
17.3Mar 9, 2025$56,8003,2907,9492.7 mi
69
KY-605124
Paved · Power at road
22.5Oct 18, 2024$189,1008,40112,2841.4 mi
69
Show adjustment detail for the top comp
  • Tract size (5.76 ac → 7.56 ac)-1.6%
  • Utilities (Off grid → Full utilities)+43.5%

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.