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Henderson County, KY · Sold

KY-264948

4898 County Road 340

$95,400
$4,813/ac · 19.82 ac
Acreage19.82 ac
Price per acre$4,813/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJul 6, 2024
Coordinates37.7444, -87.6487
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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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

439 ft of deeded road frontage.

Power4,366 ft away

Service extension needed; get a utility quote.

Buildable area18.55 of 19.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$113,237
$88,307$138,167 · $5,713/ac on 19.82 ac
Asking vs estimate
-15.8%
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 $95,400
Maximum allowable offer
$64,707
$3,265/ac · +30.0% target margin

You need $30,693 off asking to hit this margin.

All-in cost$70,207
Net resale$104,178
Projected profit$33,971
ROI+48.4%
Annualized+69.2%
Break-even resale$3,850/ac
Profit if resale lands off target
-20%
$13,135
-10%
$23,553
0%
$33,971
+10%
$44,389
+20%
$54,806
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-735009
Gravel · Off grid
20.7Jul 27, 2026$73,4003,5463,57410.6 mi
87
KY-624792
Landlocked · Off grid
17.7Jul 31, 2025$56,1003,1684,7958.6 mi
76
KY-947228
Dirt · Power at road
103.4Jul 27, 2026$481,3004,6566,3201.7 mi
68
KY-823765
Gravel · Power at road
8.4Jan 2, 2025$70,2008,3436,9698.0 mi
63
KY-937073
Paved · Power at road
92.4Jul 27, 2026$508,7005,5065,29910.7 mi
63
KY-587020
Paved · Power at road
88.9Jan 24, 2026$433,3004,8734,7465.4 mi
62
KY-906629
Dirt · Power at road
67.0Feb 18, 2025$372,3005,5587,2242.9 mi
60
KY-356911
Paved · Power at road
82.2Mar 7, 2025$584,0007,1087,0418.7 mi
60
KY-173083
Dirt · Off grid
5.1May 22, 2024$29,8005,8036,6006.3 mi
56
Show adjustment detail for the top comp
  • Tract size (20.71 ac → 19.82 ac)+0.6%

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.