← New search
Daviess County, KY · Sold

KY-445945

5861 County Road 385

$233,100
$5,712/ac · 40.81 ac
Acreage40.81 ac
Price per acre$5,712/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedJul 12, 2024
Coordinates37.6951, -87.0211
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

Daviess County, Kentucky. Cave country and Appalachian hunting tracts with cheap owner financing.

View Daviess market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands24.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,400 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area29.39 of 40.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$195,110
$149,497$240,723 · $4,781/ac on 40.81 ac
Asking vs estimate
+19.5%
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 $233,100
Maximum allowable offer
$111,491
$2,732/ac · +30.0% target margin

You need $121,609 off asking to hit this margin.

All-in cost$120,968
Net resale$179,501
Projected profit$58,533
ROI+48.4%
Annualized+69.3%
Break-even resale$3,222/ac
Profit if resale lands off target
-20%
$22,633
-10%
$40,583
0%
$58,533
+10%
$76,483
+20%
$94,433
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-886324
Dirt · Off grid
53.7Apr 20, 2026$172,3003,2094,9248.0 mi
80
KY-876388
Dirt · Off grid
56.3May 15, 2026$182,2003,2405,0067.1 mi
79
KY-526614
Landlocked · Off grid
66.3Jul 27, 2026$132,2001,9954,0057.0 mi
76
KY-126394
Dirt · Power at road
56.5Nov 11, 2025$147,0002,6013,4928.9 mi
74
KY-225681
Gravel · Power at road
33.7Jan 8, 2025$216,8006,4346,9644.9 mi
72
KY-474724
Paved · Power at road
16.9Jul 27, 2026$70,8004,2013,2805.9 mi
72
KY-446315
Landlocked · Power at road
53.4Jul 1, 2024$129,8002,4344,3100.9 mi
71
KY-884997
Landlocked · Full utilities
20.5Jan 7, 2024$106,1005,1696,5112.5 mi
69
KY-414491
Gravel · Full utilities
14.2Jul 5, 2025$87,5006,1464,75911.5 mi
65
KY-714299
Paved · Off grid
12.4Sep 15, 2025$62,5005,0494,6542.0 mi
64
Show adjustment detail for the top comp
  • Tract size (53.7 ac → 40.81 ac)+5.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (4 mo)+1.3%

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.