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Henderson County, KY · Sold

KY-441211

705 County Road 228

$7,800
$5,909/ac · 1.32 ac
Acreage1.32 ac
Price per acre$5,909/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMar 27, 2024
Coordinates37.7712, -87.5139
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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

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

View Henderson market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands19.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

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.

Power12,458 ft away

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

Buildable area1.01 of 1.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,069
$5,452$8,686 · $5,355/ac on 1.32 ac
Asking vs estimate
+10.3%
Priced above the comp set

Weighted from 7 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 $7,800
Maximum allowable offer
$4,039
$3,060/ac · +30.0% target margin

You need $3,761 off asking to hit this margin.

All-in cost$4,382
Net resale$6,503
Projected profit$2,121
ROI+48.4%
Annualized+69.3%
Break-even resale$3,609/ac
Profit if resale lands off target
-20%
$820
-10%
$1,471
0%
$2,121
+10%
$2,772
+20%
$3,422
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-430606
Dirt · Power at road
0.8Jul 27, 2026$3,9004,6363,9318.4 mi
83
KY-450257
Paved · Full utilities
0.7Jul 27, 2026$7,50011,3135,7185.5 mi
79
KY-342041
Gravel · Off grid
2.4Jul 27, 2026$21,5008,9307,7823.7 mi
79
KY-450887
Dirt · Off grid
1.1Dec 13, 2024$5,7005,4555,8229.7 mi
77
KY-250835
Gravel · Off grid
1.0Oct 7, 2025$5,2005,1194,5464.8 mi
76
KY-182043
Dirt · Off grid
2.4Sep 29, 2024$9,4003,8824,2357.2 mi
72
KY-192537
Dirt · Full utilities
3.5Sep 14, 2025$25,5007,3605,4395.0 mi
67
Show adjustment detail for the top comp
  • 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.