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Graves County, KY · Sold

KY-796833

2115 County Road 199

$215,500
$2,776/ac · 77.64 ac
Acreage77.64 ac
Price per acre$2,776/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedFeb 22, 2026
Coordinates36.7213, -88.7299
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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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,653 ft of deeded road frontage.

Power11,142 ft away

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

Buildable area72.06 of 77.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$156,370
$138,027$174,714 · $2,014/ac on 77.64 ac
Asking vs estimate
+37.8%
Priced above the comp set

Weighted from 9 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 $215,500
Maximum allowable offer
$89,355
$1,151/ac · +30.0% target margin

You need $126,145 off asking to hit this margin.

All-in cost$96,950
Net resale$143,861
Projected profit$46,911
ROI+48.4%
Annualized+69.2%
Break-even resale$1,357/ac
Profit if resale lands off target
-20%
$18,139
-10%
$32,525
0%
$46,911
+10%
$61,297
+20%
$75,683
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-206904
Paved · Power at road
81.7Nov 10, 2025$236,2002,8901,8704.0 mi
80
KY-697080
Dirt · Power at road
92.9Oct 20, 2024$186,1002,0041,9136.4 mi
73
KY-586687
Paved · Off grid
69.8Nov 20, 2023$207,5002,9712,3575.3 mi
72
KY-107684
Landlocked · Power at road
143.8Sep 17, 2025$198,0001,3761,7913.6 mi
70
KY-166239
Landlocked · Power at road
50.5May 29, 2025$110,2002,1822,2479.5 mi
67
KY-337833
Paved · Off grid
160.2Dec 7, 2024$392,8002,4522,2969.2 mi
67
KY-797759
Landlocked · Off grid
151.9Dec 12, 2024$188,8001,2431,9913.8 mi
67
KY-175651
Landlocked · Power at road
33.0Mar 10, 2024$68,3002,0712,0684.6 mi
65
KY-485398
Landlocked · Off grid
27.5Nov 7, 2025$41,0001,4941,5958.2 mi
64
Show adjustment detail for the top comp
  • Tract size (81.74 ac → 77.64 ac)+1.2%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.2%

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.