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Grayson County, KY · Sold

KY-964171

1499 County Road 120

$48,500
$4,296/ac · 11.29 ac
Acreage11.29 ac
Price per acre$4,296/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMar 9, 2024
Coordinates37.4000, -86.2942
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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

3 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope28.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power23 ft away

Power at or near the road.

Buildable area6.60 of 11.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$49,250
$38,931$59,570 · $4,362/ac on 11.29 ac
Asking vs estimate
-1.5%
In line with 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 $48,500
Maximum allowable offer
$28,143
$2,493/ac · +30.0% target margin

You need $20,357 off asking to hit this margin.

All-in cost$30,535
Net resale$45,310
Projected profit$14,775
ROI+48.4%
Annualized+69.3%
Break-even resale$2,940/ac
Profit if resale lands off target
-20%
$5,713
-10%
$10,244
0%
$14,775
+10%
$19,306
+20%
$23,837
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-954089
Paved · Off grid
10.6Jul 27, 2026$47,5004,4673,8191.9 mi
87
KY-153052
Dirt · Power at road
5.0Jul 27, 2026$20,9004,1643,9595.8 mi
77
KY-544762
Dirt · Off grid
17.3Aug 29, 2025$66,1003,8174,8804.2 mi
75
KY-574996
Gravel · Off grid
20.5Nov 11, 2025$78,0003,7994,2318.1 mi
72
KY-722795
Dirt · Full utilities
4.2Jul 27, 2026$20,4004,8833,7757.4 mi
72
KY-662758
Gravel · Off grid
4.1Jul 27, 2026$14,1003,4763,3155.6 mi
70
KY-292664
Gravel · Power at road
3.8Jun 11, 2026$17,7004,6783,8017.1 mi
69
KY-952734
Dirt · Power at road
4.0May 29, 2024$21,0005,2535,3960.9 mi
65
KY-202840
Gravel · Power at road
4.3Jul 12, 2025$33,0007,6686,5007.1 mi
64
Show adjustment detail for the top comp
  • Tract size (10.64 ac → 11.29 ac)-0.5%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%

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.