Henderson County, KY · Sold

KY-569521

9621 County Road 37

$1,181,300

$2,171/ac · 544 ac

Offer report Market this tract

Acreage544 ac

Price per acre$2,171/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedOct 18, 2025

Coordinates37.8225, -87.6055

Loading terrain…

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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope31.9%

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.

Power12,990 ft away

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

Buildable area326.22 of 544.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,258,717

$1,077,709 – $1,439,724 · $2,313/ac on 544 ac

Asking vs estimate

-6.2%

Priced below 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 $1,181,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$719,267

$1,322/ac · +30.0% target margin

You need $462,033 off asking to hit this margin.

All-in cost$780,405

Net resale$1,158,019

Projected profit$377,615

ROI+48.4%

Annualized+69.2%

Break-even resale$1,559/ac

Profit if resale lands off target

-20%

$146,011

-10%

$261,813

$377,615

+10%

$493,417

+20%

$609,219

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
KY-999404 Gravel · Off grid	500.0	Jul 27, 2026	$1,182,500	2,365	2,310	5.4 mi	89
KY-709130 Gravel · Power at road	410.0	Jul 27, 2026	$1,083,700	2,643	2,068	3.3 mi	85
KY-688548 Paved · Off grid	268.9	Jul 27, 2026	$1,069,300	3,976	2,740	2.7 mi	82
KY-259966 Dirt · Power at road	751.3	Mar 18, 2026	$1,253,300	1,668	1,851	3.4 mi	82
KY-769743 Dirt · Power at road	639.2	Mar 3, 2024	$1,556,700	2,435	2,788	1.9 mi	76
KY-888939 Dirt · Power at road	357.0	Feb 13, 2026	$756,400	2,119	1,885	5.9 mi	74
KY-699560 Gravel · Full utilities	559.8	Dec 26, 2023	$1,473,000	2,631	2,054	7.2 mi	73
KY-708642 Landlocked · Off grid	287.9	Oct 16, 2025	$618,400	2,148	2,705	4.5 mi	71
KY-339023 Landlocked · Full utilities	379.4	May 22, 2025	$929,400	2,450	2,369	4.4 mi	71
KY-538499 Landlocked · Off grid	259.6	Aug 27, 2024	$488,300	1,881	2,406	2.5 mi	66

Show adjustment detail for the top comp

Tract size (500.01 ac → 544.24 ac)-2.5%

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.

Build the listing kit Post a deal or JV