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Grayson County, KY · Sold

KY-648286

5931 County Road 355

$635,300
$2,856/ac · 222 ac
Acreage222 ac
Price per acre$2,856/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 12, 2026
Coordinates37.4984, -86.3895
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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

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

View Grayson market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,432 ft away

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

Buildable area170.97 of 222.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$567,693
$455,142$680,244 · $2,552/ac on 222 ac
Asking vs estimate
+11.9%
Priced above the comp set

Weighted from 10 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 $635,300
Maximum allowable offer
$324,396
$1,458/ac · +30.0% target margin

You need $310,904 off asking to hit this margin.

All-in cost$351,970
Net resale$522,278
Projected profit$170,308
ROI+48.4%
Annualized+69.2%
Break-even resale$1,720/ac
Profit if resale lands off target
-20%
$65,852
-10%
$118,080
0%
$170,308
+10%
$222,536
+20%
$274,763
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-288434
Dirt · Power at road
247.6Jul 27, 2026$453,3001,8311,8697.3 mi
82
KY-927999
Dirt · Power at road
180.7Jul 27, 2026$576,1003,1882,9815.7 mi
82
KY-637185
Dirt · Off grid
100.2Jul 27, 2026$236,5002,3602,2254.5 mi
76
KY-588973
Paved · Power at road
365.9Jul 27, 2026$709,3001,9381,6168.2 mi
75
KY-127299
Gravel · Power at road
108.8May 22, 2026$389,4003,5782,5366.4 mi
74
KY-858866
Dirt · Full utilities
338.6May 30, 2025$953,9002,8172,7071.9 mi
72
KY-347512
Dirt · Off grid
127.0Nov 14, 2025$391,7003,0843,1786.0 mi
72
KY-356966
Landlocked · Off grid
85.5Jul 27, 2026$201,6002,3582,7068.1 mi
72
KY-307675
Landlocked · Full utilities
142.9Apr 8, 2025$395,2002,7662,6539.0 mi
67
KY-689337
Gravel · Off grid
476.3Nov 19, 2024$1,142,2002,3983,2156.9 mi
66
Show adjustment detail for the top comp
  • Tract size (247.63 ac → 222.46 ac)+3.1%
  • 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.