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Graves County, KY · Sold

KY-107684

6842 County Road 399

$196,800
$1,368/ac · 144 ac
Acreage144 ac
Price per acre$1,368/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedMay 2, 2025
Coordinates36.7563, -88.6824
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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
68
High risk
Wetlands48.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5 ft away

Power at or near the road.

Buildable area69.96 of 143.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$261,334
$220,654$302,014 · $1,817/ac on 144 ac
Asking vs estimate
-24.7%
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 $196,800
Maximum allowable offer
$149,333
$1,038/ac · +30.0% target margin

You need $47,467 off asking to hit this margin.

All-in cost$162,026
Net resale$240,427
Projected profit$78,401
ROI+48.4%
Annualized+69.3%
Break-even resale$1,224/ac
Profit if resale lands off target
-20%
$30,315
-10%
$54,358
0%
$78,401
+10%
$102,443
+20%
$126,486
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-797759
Landlocked · Off grid
151.9Dec 12, 2024$188,8001,2431,5882.0 mi
83
KY-796833
Dirt · Off grid
77.6May 20, 2026$216,8002,7922,2513.6 mi
75
KY-697080
Dirt · Power at road
92.9Oct 20, 2024$186,1002,0041,5276.3 mi
72
KY-206904
Paved · Power at road
81.7Nov 10, 2025$236,2002,8901,4925.8 mi
72
KY-337833
Paved · Off grid
160.2Dec 7, 2024$392,8002,4521,8328.7 mi
71
KY-166239
Landlocked · Power at road
50.5May 29, 2025$110,2002,1821,7936.9 mi
65
KY-159232
Landlocked · Off grid
441.4Feb 22, 2025$581,1001,3162,2645.6 mi
62
KY-586687
Paved · Off grid
69.8Nov 20, 2023$207,5002,9711,8817.8 mi
58
Show adjustment detail for the top comp
  • Tract size (151.86 ac → 143.83 ac)+1.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (20 mo)+7.0%

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.