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Henderson County, KY · Sold

KY-735009

2317 County Road 340

$84,600
$4,085/ac · 20.71 ac
Acreage20.71 ac
Price per acre$4,085/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMay 9, 2026
Coordinates37.8164, -87.4780
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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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope14.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

550 ft of deeded road frontage.

Power9,840 ft away

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

Buildable area15.56 of 20.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$121,070
$100,523$141,616 · $5,846/ac on 20.71 ac
Asking vs estimate
-30.1%
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 $84,600
Maximum allowable offer
$69,183
$3,341/ac · +30.0% target margin

You need $15,417 off asking to hit this margin.

All-in cost$75,064
Net resale$111,384
Projected profit$36,320
ROI+48.4%
Annualized+69.2%
Break-even resale$3,940/ac
Profit if resale lands off target
-20%
$14,044
-10%
$25,182
0%
$36,320
+10%
$47,459
+20%
$58,597
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
KY-264948
Gravel · Off grid
19.8May 28, 2025$89,9004,5344,73910.6 mi
78
KY-624792
Landlocked · Off grid
17.7Jul 31, 2025$56,1003,1684,7687.0 mi
76
KY-937073
Paved · Power at road
92.4Jul 27, 2026$508,7005,5065,2692.0 mi
74
KY-947228
Dirt · Power at road
103.4Jul 27, 2026$481,3004,6566,28512.1 mi
67
KY-823765
Gravel · Power at road
8.4Jan 2, 2025$70,2008,3436,9306.2 mi
63
KY-587020
Paved · Power at road
88.9Jan 24, 2026$433,3004,8734,7197.2 mi
61
KY-906629
Dirt · Power at road
67.0Feb 18, 2025$372,3005,5587,1838.3 mi
57
KY-356911
Paved · Power at road
82.2Mar 7, 2025$584,0007,1087,0017.0 mi
56
KY-173083
Dirt · Off grid
5.1May 22, 2024$29,8005,8036,5635.7 mi
56
Show adjustment detail for the top comp
  • Tract size (19.82 ac → 20.71 ac)-0.6%
  • Market time (15 mo)+5.1%

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.