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Clay County, KY · Sold

KY-169438

990 County Road 237

$1,471,500
$2,871/ac · 512 ac
Acreage512 ac
Price per acre$2,871/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJul 4, 2026
Coordinates37.0974, -83.6731
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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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope20.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,681 ft of deeded road frontage.

Power75 ft away

Power at or near the road.

Buildable area291.81 of 512.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,280,612
$1,118,945$1,442,278 · $2,499/ac on 512 ac
Asking vs estimate
+14.9%
Priced above the comp set

Weighted from 5 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 $1,471,500
Maximum allowable offer
$731,778
$1,428/ac · +30.0% target margin

You need $739,722 off asking to hit this margin.

All-in cost$793,979
Net resale$1,178,163
Projected profit$384,184
ROI+48.4%
Annualized+69.2%
Break-even resale$1,684/ac
Profit if resale lands off target
-20%
$148,551
-10%
$266,367
0%
$384,184
+10%
$502,000
+20%
$619,816
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-268579
Gravel · Power at road
275.1Jul 27, 2026$877,8003,1912,6604.3 mi
81
KY-908898
Dirt · Off grid
346.6Dec 19, 2025$817,4002,3592,9501.8 mi
76
KY-488124
Paved · Off grid
197.8Mar 21, 2026$522,7002,6422,0290.7 mi
71
KY-897904
Gravel · Off grid
168.7Oct 26, 2025$441,0002,6142,3053.6 mi
68
KY-848013
Landlocked · Power at road
182.5Oct 2, 2025$402,3002,2042,4898.4 mi
64
Show adjustment detail for the top comp
  • Tract size (275.06 ac → 512.48 ac)-16.8%

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.