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Graves County, KY · Sold

KY-269464

5126 County Road 296

$792,000
$1,517/ac · 522 ac
Acreage522 ac
Price per acre$1,517/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 6, 2024
Coordinates36.6552, -88.7432
Loading terrain…
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,146 ft of deeded road frontage.

Power5,234 ft away

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

Buildable area464.86 of 522.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$700,094
$575,193$824,995 · $1,341/ac on 522 ac
Asking vs estimate
+13.1%
Priced above 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 $792,000
Maximum allowable offer
$400,054
$766/ac · +30.0% target margin

You need $391,946 off asking to hit this margin.

All-in cost$434,059
Net resale$644,087
Projected profit$210,028
ROI+48.4%
Annualized+69.2%
Break-even resale$903/ac
Profit if resale lands off target
-20%
$81,211
-10%
$145,619
0%
$210,028
+10%
$274,437
+20%
$338,845
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-159232
Landlocked · Off grid
441.4Feb 22, 2025$581,1001,3161,6818.1 mi
73
KY-796833
Dirt · Off grid
77.6May 20, 2026$216,8002,7921,6714.6 mi
68
KY-107684
Landlocked · Power at road
143.8Sep 17, 2025$198,0001,3761,0617.8 mi
60
KY-206904
Paved · Power at road
81.7Nov 10, 2025$236,2002,8901,1083.2 mi
59
KY-797759
Landlocked · Off grid
151.9Dec 12, 2024$188,8001,2431,1807.0 mi
59
KY-337833
Paved · Off grid
160.2Dec 7, 2024$392,8002,4521,3618.9 mi
58
KY-697080
Dirt · Power at road
92.9Oct 20, 2024$186,1002,0041,1346.4 mi
55
KY-586687
Paved · Off grid
69.8Nov 20, 2023$207,5002,9711,3971.9 mi
54
Show adjustment detail for the top comp
  • Tract size (441.44 ac → 522.23 ac)-4.9%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (18 mo)+6.2%

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.