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Graves County, KY · Sold

KY-206904

1924 County Road 161

$261,900
$3,204/ac · 81.74 ac
Acreage81.74 ac
Price per acre$3,204/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedAug 4, 2025
Coordinates36.6729, -88.6900
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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

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope27.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,668 ft of deeded road frontage.

Power34 ft away

Power at or near the road.

Buildable area46.30 of 81.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,464
$233,958$324,970 · $3,419/ac on 81.74 ac
Asking vs estimate
-6.3%
Priced below 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 $261,900
Maximum allowable offer
$159,694
$1,954/ac · +30.0% target margin

You need $102,206 off asking to hit this margin.

All-in cost$173,268
Net resale$257,107
Projected profit$83,839
ROI+48.4%
Annualized+69.2%
Break-even resale$2,304/ac
Profit if resale lands off target
-20%
$32,418
-10%
$58,128
0%
$83,839
+10%
$109,550
+20%
$135,261
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-796833
Dirt · Off grid
77.6May 20, 2026$216,8002,7924,4984.0 mi
84
KY-586687
Paved · Off grid
69.8Nov 20, 2023$207,5002,9713,7592.2 mi
78
KY-697080
Dirt · Power at road
92.9Oct 20, 2024$186,1002,0043,0513.4 mi
75
KY-166239
Landlocked · Power at road
50.5May 29, 2025$110,2002,1823,5848.5 mi
73
KY-107684
Landlocked · Power at road
143.8Sep 17, 2025$198,0001,3762,8575.8 mi
71
KY-337833
Paved · Off grid
160.2Dec 7, 2024$392,8002,4523,6636.0 mi
66
KY-797759
Landlocked · Off grid
151.9Dec 12, 2024$188,8001,2433,1754.4 mi
65
KY-175651
Landlocked · Power at road
33.0Mar 10, 2024$68,3002,0713,2981.6 mi
63
KY-485398
Landlocked · Off grid
27.5Nov 7, 2025$41,0001,4942,5457.9 mi
62
Show adjustment detail for the top comp
  • Tract size (77.64 ac → 81.74 ac)-1.2%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.0%

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.