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Graves County, KY · Sold

KY-861921

3967 County Road 248

$6,000
$2,715/ac · 2.21 ac
Acreage2.21 ac
Price per acre$2,715/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 27, 2026
Coordinates36.7592, -88.6410
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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

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

View Graves market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

305 ft of deeded road frontage.

Power14,516 ft away

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

Buildable area1.82 of 2.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,265
$6,872$11,659 · $4,192/ac on 2.21 ac
Asking vs estimate
-35.2%
Priced below the comp set

Weighted from 6 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 $6,000
Maximum allowable offer
$5,295
$2,396/ac · +30.0% target margin

You need $705 off asking to hit this margin.

All-in cost$5,745
Net resale$8,524
Projected profit$2,779
ROI+48.4%
Annualized+69.2%
Break-even resale$2,826/ac
Profit if resale lands off target
-20%
$1,074
-10%
$1,927
0%
$2,779
+10%
$3,631
+20%
$4,484
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-780830
Dirt · Power at road
1.0Jul 27, 2026$3,1003,1393,0721.8 mi
80
KY-211242
Dirt · Full utilities
1.4Jul 27, 2026$9,0006,6595,3604.0 mi
78
KY-451182
Dirt · Power at road
1.3Jul 27, 2026$6,4004,9454,8535.5 mi
76
KY-373866
Dirt · Power at road
9.1Jan 9, 2026$21,9002,4242,6123.3 mi
68
KY-353783
Dirt · Full utilities
8.5Nov 15, 2025$37,8004,4403,9285.3 mi
62
KY-953159
Landlocked · Off grid
5.4Nov 26, 2024$17,9003,3045,3707.6 mi
61
Show adjustment detail for the top comp
  • Tract size (1 ac → 2.21 ac)-1.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.