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Daviess County, KY · Sold

KY-178083

8585 County Road 340

$492,700
$2,566/ac · 192 ac
Acreage192 ac
Price per acre$2,566/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJun 16, 2024
Coordinates37.7925, -87.1340
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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

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

5 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,420 ft away

A long utility run — price in solar/off-grid instead.

Buildable area151.23 of 192.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$677,678
$489,419$865,936 · $3,529/ac on 192 ac
Asking vs estimate
-27.3%
Priced below the comp set

Weighted from 9 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 $492,700
Maximum allowable offer
$387,244
$2,017/ac · +30.0% target margin

You need $105,456 off asking to hit this margin.

All-in cost$420,160
Net resale$623,463
Projected profit$203,304
ROI+48.4%
Annualized+69.2%
Break-even resale$2,378/ac
Profit if resale lands off target
-20%
$78,611
-10%
$140,957
0%
$203,304
+10%
$265,650
+20%
$327,996
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-678625
Dirt · Power at road
284.4Dec 3, 2025$652,1002,2933,0771.9 mi
75
KY-526614
Landlocked · Off grid
66.3Jul 27, 2026$132,2001,9952,6567.9 mi
70
KY-818349
Gravel · Off grid
232.8Jun 13, 2024$503,6002,1632,9407.4 mi
70
KY-398558
Landlocked · Full utilities
270.9Oct 2, 2024$1,034,5003,8195,4886.2 mi
68
KY-876388
Dirt · Off grid
56.3May 15, 2026$182,2003,2403,3206.4 mi
68
KY-126394
Dirt · Power at road
56.5Nov 11, 2025$147,0002,6012,3153.6 mi
64
KY-779339
Dirt · Off grid
477.0Jan 8, 2024$1,122,9002,3544,6674.4 mi
61
KY-479547
Dirt · Off grid
554.6Jan 17, 2025$1,193,5002,1524,2919.0 mi
59
KY-969336
Dirt · Power at road
476.0Jun 30, 2024$922,1001,9373,2038.0 mi
58
Show adjustment detail for the top comp
  • Tract size (284.38 ac → 192.03 ac)+11.8%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.9%

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.