Daviess County, KY · Sold

KY-599917

2055 County Road 308

$1,779,000

$2,454/ac · 725 ac

Offer report Market this tract

Acreage725 ac

Price per acre$2,454/ac

ZoningMixed Use

Road accessPaved

UtilitiesPower at road

TopographyFlat

ListedJun 18, 2025

Coordinates37.8145, -87.1737

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands24.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

3,130 ft of deeded road frontage.

Power213 ft away

Power at or near the road.

Buildable area523.50 of 725.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,165,010

$1,634,252 – $2,695,769 · $2,986/ac on 725 ac

Asking vs estimate

-17.8%

Priced below the comp set

Weighted from 7 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 $1,779,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,237,149

$1,706/ac · +30.0% target margin

You need $541,851 off asking to hit this margin.

All-in cost$1,342,307

Net resale$1,991,810

Projected profit$649,503

ROI+48.4%

Annualized+69.2%

Break-even resale$2,012/ac

Profit if resale lands off target

-20%

$251,141

-10%

$450,322

$649,503

+10%

$848,684

+20%

$1,047,865

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KY-559824 Gravel · Power at road	677.8	Jul 27, 2026	$1,381,900	2,039	2,362	10.8 mi	88
KY-678625 Dirt · Power at road	284.4	Dec 3, 2025	$652,100	2,293	2,447	1.1 mi	71
KY-479547 Dirt · Off grid	554.6	Jan 17, 2025	$1,193,500	2,152	3,413	10.2 mi	68
KY-969336 Dirt · Power at road	476.0	Jun 30, 2024	$922,100	1,937	2,547	10.1 mi	66
KY-779339 Dirt · Off grid	477.0	Jan 8, 2024	$1,122,900	2,354	3,711	7.0 mi	63
KY-398558 Landlocked · Full utilities	270.9	Oct 2, 2024	$1,034,500	3,819	4,364	8.8 mi	62
KY-818349 Gravel · Off grid	232.8	Jun 13, 2024	$503,600	2,163	2,338	9.7 mi	59

Show adjustment detail for the top comp

Tract size (677.83 ac → 725.07 ac)-2.0%
Access (Gravel → Paved)+18.0%

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