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Daviess County, KY · Sold

KY-818349

4202 County Road 118

$577,500
$2,480/ac · 233 ac
Acreage233 ac
Price per acre$2,480/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedNov 21, 2023
Coordinates37.7957, -86.9982
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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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,792 ft of deeded road frontage.

Power9,938 ft away

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

Buildable area192.00 of 232.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$682,073
$499,631$864,516 · $2,929/ac on 233 ac
Asking vs estimate
-15.3%
Priced below the comp set

Weighted from 8 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 $577,500
Maximum allowable offer
$389,756
$1,674/ac · +30.0% target margin

You need $187,744 off asking to hit this margin.

All-in cost$422,885
Net resale$627,508
Projected profit$204,622
ROI+48.4%
Annualized+69.2%
Break-even resale$1,974/ac
Profit if resale lands off target
-20%
$79,121
-10%
$141,872
0%
$204,622
+10%
$267,373
+20%
$330,124
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-398558
Landlocked · Full utilities
270.9Oct 2, 2024$1,034,5003,8194,4073.7 mi
77
KY-559824
Gravel · Power at road
677.8Jul 27, 2026$1,381,9002,0392,38410.3 mi
74
KY-178083
Paved · Off grid
192.0Jun 16, 2025$527,2002,7452,3127.4 mi
74
KY-678625
Dirt · Power at road
284.4Dec 3, 2025$652,1002,2932,4709.2 mi
74
KY-599917
Paved · Power at road
725.1Jan 23, 2026$1,510,4002,0832,1539.7 mi
67
KY-969336
Dirt · Power at road
476.0Jun 30, 2024$922,1001,9372,5721.0 mi
65
KY-779339
Dirt · Off grid
477.0Jan 8, 2024$1,122,9002,3543,7474.4 mi
63
KY-479547
Dirt · Off grid
554.6Jan 17, 2025$1,193,5002,1523,44613.2 mi
60
Show adjustment detail for the top comp
  • Tract size (270.91 ac → 232.84 ac)+4.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (22 mo)+7.9%

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.